Three Dice Are Rolled and the Number Rolled on Each

question 31

True/False

Three dice are rolled and the number rolled on each die is recorded. The outcomes in the sample space are all equally likely.

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Definitions:

Advantages

The positive aspects or benefits associated with a decision, strategy, or action.

Franchise

A business model where a franchisee obtains the rights to operate a business under the franchisor's brand and system in exchange for a fee.

Foreign Firm

A company that is based in one country but operates or has offices in other countries.

Local Firm

A business establishment that operates in a specific geographical area, typically offering products or services to a local market or community.