Determine the Probability That a 3 Will Appear Twice,if a Fair

question 147

Multiple Choice

Determine the probability that a 3 will appear twice,if a fair die is rolled 10 times.

• A).5010
• B).2907
• C).2318
• D).0065

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Definitions:

Zero-Coupon Bond

A bond that does not pay periodic interest and is sold at a deep discount from its face value.

Market Yield

The annual income return as a percentage of the market price of an investment.

Zero-Coupon Bond

A type of bond that does not pay interest during its life but is sold at a deep discount, providing profit at maturity when it is redeemed for its face value.

Matures

The point at which a financial instrument, such as a bond or loan, reaches its due date and the principal is to be paid back.