An Urn Contains 12 Balls,5 of Which Are Red

question 60

Multiple Choice

An urn contains 12 balls,5 of which are red.Selection of a red ball is desired and is therefore considered to be a success.If three balls are selected,what is the expected value of the distribution of the number of selected red balls?

• A)0.4167
• B)0.8333
• C)0.5833
• D)1.2500

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Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts to be written and signed in order to be enforceable.

Writing

The act or process of creating text or symbols on a surface, typically used to communicate or record information.

Seal

A formal mode of expressing the intention to be bound by a written promise or agreement. This expression usually takes the form of signing or affixing a wax or gummed paper wafer beside the signature, or making an engraved impression on the document itself.

Privity of Estate

A legal concept that refers to the relationship between parties whose interests in a piece of property are intertwined.