A Fair Die Is Rolled Nine Times

question 80

Multiple Choice

A fair die is rolled nine times. What is the probability that an odd number (1, 3, or 5) will occur less than 3 times?

• A) .0899
• B) .2544
• C) .7456
• D).9101

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Definitions:

Absorption Costing

A system of accounting that encompasses the full range of manufacturing costs—direct materials, direct labor, and overheads both variable and fixed, within the cost framework of a product.

Break-even Sales

The amount of revenue required to cover total fixed and variable costs, resulting in a net profit of zero.

Eastern Division

A geographical or operational segment of a larger organization designated to cover the eastern part of a country or area.

Fixed Expenses

Regular expenses that do not change in amount, such as rent or salaries.