Given an Experiment in Which a Fair Coin Is Tossed

question 103

Multiple Choice

Given an experiment in which a fair coin is tossed three times,the sample space is S = {HHH,HHT,HTH,THH,HTT,THT,TTH,TTT}.Event A is defined as tossing one head (H) .What is the event A^C and what is the probability of this event?

• A)A^C = {TTT,HHH,HTH};P(A^C)= 0.375
• B)A^C = {TTT,THH,HHH,HHT};P(A^C)= 0.500
• C)A^C = {TTT,HHH,HHT,HTH,HTT};P(A^C)= 0.625
• D)A^C = {TTT,HHT,HTH,THH,HHH};P(A^C)= 0.625

---

Definitions:

Inventory Period

The average time it takes for a company to turn its inventory into sales, indicating how quickly products are sold.

Obsolete Inventory

Items in stock that are out of date or no longer in demand, often leading to reduced value or write-offs.

Accounts Payable Period

The average number of days it takes for a business to pay its invoices from suppliers, reflecting its payment policy efficiency.

Cash Cycle

The time it takes for a company to convert its investments in inventory back into cash.