Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Macroeconomics Expert

Suppose Fred randomly thinks of 5 whole numbers between 1 and 34 inclusive. What is the probability that George can correctly guess all 5 numbers? Express as a fraction.

If there are 27 runners in a race and prizes will be awarded to first, second, and third places only, what is the probability of correctly predicting the winners in order?

Express as a fraction.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91844496
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Macroeconomics

Question you do not need to have seen the movie the

Question: You do not need to have seen the movie, the question is based on Carl Menger's Theory of the Good. In the movie, "Cast Away," Tom Hanks played the character Chuck Noland, who was stranded on a deserted island f ...

Question a firm faces the following demand curve p 120-020

Question: A firm faces the following demand curve: P = 120-0.20 * Q, and MR = 120 0.01 * Q. The firm's cost function T_C = 60 * Q + 25,000; MC = 60 (it is constant over all levels of output. If the firm maximizes profit, ...

Question suppose us college students studying in france

Question: Suppose US college students, studying in France during the summer term, wish to remain in the country an extra two weeks and purchase train on the Indian Pacific rail line tickets in order to travel from Sydney ...

Question - brazil points to its shrimp-farming industry as

Question - Brazil points to its shrimp-farming industry as an example of how it can export shrimp in the world market. One decade ago, Brazil exported a meager 400 tons of shrimp. Today, Brazil exports more than 58,000 t ...

Question - jacks faces the following demand function for

Question - Jack's faces the following demand function for its Jack in the Boxes: Q = 13000 - 8P. Jack produces the Jack in the Boxes in two facilities. The cost functions in each facility are: TC1 = 110,000 + 40Q1 + .09Q ...

Question - in this question i will guide you through a

Question - In this question, I will guide you through a simple AK model. The so-called AK model is a special case of the Solow Model. The production function is simply Y = AK so 1/3 for capital in the last question becom ...

Question in an effort to move the economy out of a

Question: In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take ...

Question tara is considering leaving her current job which

Question: Tara is considering leaving her current job, which pays $56,000 per year, to start a new company that manufactures a line of special pens for personal digital assistants. Based on market research, she can sell ...

Question - a firm has two variable factors and a production

Question - A firm has two variable factors and a production function, f(x 1 , x 2 ) = x 1 ½ x 2 ¼ . The price of its output is 4. Factor 1 receives a wage of w 1 and factor 2 receives a wage of w 2 . (a) Write an equatio ...

Production cost analysis and estimation applied problems

Production Cost Analysis and Estimation Applied Problems - Please complete the following two applied problems: Problem 1: William is the owner of a small pizza shop and is thinking of increasing products and lowering cos ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As