An Urn Contains Five White,three Red,and Four Black Balls

question 112

Multiple Choice

An urn contains five white,three red,and four black balls.Three are drawn at random without replacement. What is the probability that no ball is red?

• A)0.7500
• B)0.0156
• C)0.2917
• D)0.4219
• E)0.3818

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Definitions:

First-In, First-Out

An inventory valuation method where the costs of the oldest inventory items are assigned to cost of goods sold first, leaving the most recently purchased items in inventory.

Conversion

The process of changing or causing something to change from one form to another, often used in the context of converting raw materials into finished goods.

Department A

A designated section within an organization or factory, often referred to by its functional area or product line, involved in specific operations.

Weighted-Average Method

An inventory costing method that assigns a weighted average cost to each unit of inventory, used to calculate cost of goods sold and ending inventory.