On a Roll of a Die,the Probability That 3 or More

question 15

Multiple Choice

On a roll of a die,the probability that 3 or more dots will appear on the top side is 0.67,and the probability that 2 or fewer dots will appear is 0.33.If we know that 6 dots showed up on the last throw,what is the probability that 2 or 1 will show up on the next throw?

• A)1.00
• B)0.83
• C)0.33
• D)0.17

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Definitions:

Actual Price

The real or market price at which an asset or service is bought or sold.

Materials Price Variance

Materials price variance is the difference between the actual cost of materials used in production and the expected (or standard) cost, indicating efficient materials purchasing.

AQ × AP

Represents the multiplication of the Actual Quantity (AQ) by the Actual Price (AP), often used in financial and operational analyses.

Total Variance

The overall difference between planned or standard costs and the actual costs incurred.