A Pair of Fair Dice Is Cast

question 234

Multiple Choice

A pair of fair dice is cast. What is the probability that the sum of the numbers falling uppermost is less than 5, if it is known that one of the numbers is a 2? ​

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Definitions:

Credit Risk

The potential for loss due to a borrower's failure to make payments on any type of debt.

Principal

The original amount of a debt or investment before interest.

Interest Payments

Periodic payments made to lenders or creditors as compensation for borrowing money, usually calculated as a percentage of the principal amount.

Financial Information

Data related to the financial status or performance of an individual or entity, including balance sheets, income statements, and cash flow statements.