Exhibit 5-3 The Probability Distribution for the Number of Goals the Lions

question 43

Multiple Choice

Exhibit 5-3
The probability distribution for the number of goals the Lions soccer team makes per game is given below.
-Refer to Exhibit 5-3. What is the probability that in a given game the Lions will score no goals?

• A)0.95
• B)0.85
• C)0.75
• D)None of the answers is correct.

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Definitions:

Rational Self-Interest

The principle that an individual's actions are motivated by self-gain and the efficient pursuit of their own personal goals, assuming logical and informed decision-making.

Values

The importance, worth, or usefulness of something, often determined by personal principles or market conditions.

Bid

An offer of a certain price for something, especially in contexts like auctions or financial markets, where it reflects the amount a buyer is willing to pay.

English Auction

A type of public auction where bids are openly made and raised until no higher bids are forthcoming, with the highest bidder winning the item.