The Probability of Getting Heads on a Fair Coin Is

question 16

Multiple Choice

The probability of getting heads on a fair coin is 0.50.The probability of getting tails is also 0.50.If you toss the coin three times and get heads all three times,what is the probability of getting tails on the next toss?

• A)0.25
• B)0.75
• C)0.50
• D)0.30

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Definitions:

Useful Life

The duration during which an asset is expected to be usable for its intended purpose.

Salvage Value

The projected remaining value of an asset following its operational lifespan, once depreciation or amortization has been taken into account.

Recoverable Ore

The portion of ore that can be economically and technically extracted or produced at a profit.

Depletion

The allocation of the cost of natural resources over their useful life, used in accounting to match the expense of extracting natural resources with the revenue generated from them.