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Author Question: Suppose that for a certain experiment the probability of a particular event occurring is .21. Find ... (Read 129 times)

mydiamond

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  • Posts: 804
on: Jun 24, 2018
Suppose that for a certain experiment the probability of a particular event occurring is
  .21. Find the probability that this event does not occur.
 
  What will be an ideal response?

Question 2

Which of the following will result in an instrument being nonnegotiable?
 
  A) It contains an unconditional order to pay 500.
  B) It contains the maker's or drawer's signature at the top of the instrument.
  C) It contains a variable interest rate.
  D) Both A and B
  E) A, B, and C are negotiable.


mk6555

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Reply #1 on: Jun 24, 2018
Answer to Question 1

The probability that the event does occur is 1 - .21 = .79.

Answer to Question 2

E


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