Author Question: If a die is rolled repeatedly, what is the probability of rolling a 2 if it is a fair die? a. 1/2 ... (Read 89 times)

Wadzanai · **on:** Jun 24, 2018

If a die is rolled repeatedly, what is the probability of rolling a 2 if it is a fair die?
a. 1/2

b. 1/3

c. 1/6

d. The probability cannot be determined from the information given.

Question 2

Churn is an example of the type of uncertain variable we deal with in financial models.
a. True
b. False
Indicate whether the statement is true or false