Home
Accounting
Back
Principles of Accounting
Back
Accounting in Action
The Recording Process
Adjusting the Accounts
Completing the Accounting Cycle
Accounting for Merchandising Operations
Inventories
Accounting Information Systems
Fraud, Internal Control, and Cash
Accounting for Receivables
Plant Assets, Natural Resources, and Intangible Assets
Current Liabilities and Payroll Accounting
Accounting for Partnerships
Corporations: Organization and Capital Stock Transactions
Corporations: Dividends, Retained Earnings, and Income Reporting
Long-Term Liabilities
Investments
Statement of Cash Flows
Managerial Accounting
Financial Statement Analysis
Job Order Costing
Process Costing
Cost Volume Profit
Budgetary Planning
Budgetary Control and Responsibility Accounting
Standard Costs and Balanced Scorecard
Incremental Analysis and Capital Budgeting
Banking
Back
Principles and Practices of Banking
Bank fund Management
Back
Statement
Measuring and Evaluating Bank Perfomance
Business Organization and Management
Mathematics
Back
Business Mathematics
Back
Sets
Equations
Indices and Surds
Arithmetic and Geometric Progressions
Logarithms
Permutations and Combinations
Integral Calculus
Differential Calculus
Coordinate Geometry
Higher Algebra
Higher Trigonometry
Coordinate Geometry
Back
The Straight Line. Polar Equations and Oblique Cordinates
Differential Calculus
Finance
Back
Managerial Finance
Back
Leverage
Introduction
Capital Budgeting
Risk Return
Long Term Finance
Statistics
Back
Business Statistics
Back
Grouping and displaying data to convey meaning: Tables and Graphs
Measures of Central Tendency and Dispersion in Frequency Distributions
Probability I: Introductory Ideas
Probability Distributions
Sampling and Sampling Distributions
Simple Regression and Correlation
Estimation
Testing Hypotheses: One Sample Tests
Testing Hypotheses: Two Sample Tests
Quality and Quality Control
Chi-Square and Analysis of Variance
Contact Us
Probability I: Introductory Ideas
Home
Statistics
Business Statistics
Probability I: Introductory Ideas
Problem-20: Probability I: Introductory Ideas
Problem-20: Probability I: Introductory Ideas
Using this Venn diagram, give the probabilities indicated:
Contact us
for the solution
Previous article: Problem-21: Probability I: Introductory Ideas
Prev
Next article: Problem-19: Probability I: Introductory Ideas
Next
Problems: Probability I: Introductory Ideas
Problem-01: Probability I: Introductory Ideas
Give a collectively exhaustive list of the possible outcomes of tossing tow dice.
Read More
Problem-02: Probability I: Introductory Ideas
Give the probability for each of the following totals in the rolling of two dice: 1, 2, 5, 6, 7, 10,...
Read More
Problem-03: Probability I: Introductory Ideas
Which of the following are pairs of mutually exclusive events in the drawing of one card from a stan...
Read More
Problem-04: Probability I: Introductory Ideas
A batter "takes" (does not swing at) each of the pitches he sees. Give the sample space of outcomes ...
Read More
Problem-05: Probability I: Introductory Ideas
Consider a stack of nine cards, all spades, numbered 2 through 10, and a die. Give a collectively ex...
Read More
Problem-06: Probability I: Introductory Ideas
Consider a stack of nine cards, all spades, numbered 2 through 10, and a die. Give the probability f...
Read More
Problem-07: Probability I: Introductory Ideas
In a recent meeting of union members supporting Joe Royal for union president, Royal's leading suppo...
Read More
Problem-08: Probability I: Introductory Ideas
Southern Bell is considering the distriburion of funds for a campaign to increase long-distance call...
Read More
Problem-09: Probability I: Introductory Ideas
Union shop steward B. Lou Khollar has drafted a set of wage and benefit demands to be presented to m...
Read More
Problem-10: Probability I: Introductory Ideas
Classify the following probability estimates as to their type (Classical, relative frequency, or sub...
Read More
Problem-11: Probability I: Introductory Ideas
Determine the probability of the following events in drawing a card from a standard deck of 52 cards...
Read More
Problem-12: Probability I: Introductory Ideas
During a recent bridge game, once the lead card had been played and the dummy's hand revealed, the d...
Read More
Problem-13: Probability I: Introductory Ideas
Below is a frequency distribution of annual sales commissions from a survey of 300 media salespeople...
Read More
Problem-14: Probability I: Introductory Ideas
General Buck Turgidson is preparing to make his annual budget presentation to the U.S. Senate and is...
Read More
Problem-15: Probability I: Introductory Ideas
The office manager of an insurance company has the following data on the functioning of the copiers ...
Read More
Problem-16: Probability I: Introductory Ideas
Classify the following probability estimates as classical, relative frequency, or subjective: The p...
Read More
Problem-17: Probability I: Introductory Ideas
Frome the following Venn diagram, which indicates the number of outcomes of an experiment correspond...
Read More
Problem-18: Probability I: Introductory Ideas
An inspector of the Alaska pipeline has the task of comparing the reliability of two pumping station...
Read More
Problem-19: Probability I: Introductory Ideas
From the following Venn diagram, which indicates the number of outcomes of an experiment correspondi...
Read More
Problem-20: Probability I: Introductory Ideas
Using this Venn diagram, give the probabilities indicated: Contact us for the solution
Read More
Problem-21: Probability I: Introductory Ideas
An urn contains 75 marbles: 35 are blue, and 25 of these blue marbles are swirled. The rest of them ...
Read More
Problem-22: Probability I: Introductory Ideas
In this section, two expressions were developed for the probability of either of two events, A or B,...
Read More
Problem-23: Probability I: Introductory Ideas
An employee at Info tech enter product information into the computer. The employee may use a light p...
Read More
Problem-24: Probability I: Introductory Ideas
The HAL Corporation wishes to improve the resistance of its personal computer to disk-drive and keyb...
Read More
Problem-25: Probability I: Introductory Ideas
The Herr-McFee Company, which produces nuclear fuel rods,must X-ray and inspect each rod before ship...
Read More
Problem-26: Probability I: Introductory Ideas
What is the probability that in selecting two cards one at a time from a deck with replacement, the ...
Read More
Problem-27: Probability I: Introductory Ideas
Sol O'Tarry, a prison administrator, has been reviewing the prison records on attempted escapes by i...
Read More
Problem-28: Probability I: Introductory Ideas
What is the probability that a couple's second child will be (a) A boy, given that their first chi...
Read More
Problem-29: Probability I: Introductory Ideas
In rolling two dice, what is the probability of rolling (a) A total of 7 on the first roll, followe...
Read More
Problem-30: Probability I: Introductory Ideas
A bag contains 32 marbles: 4 are red, 9 are black,12 are blue, 6 are yellow, and 1 is purple. Marble...
Read More
Problem-31: Probability I: Introductory Ideas
George, Richard, Paul, and John play the following game. Each man takes one of four balls numbered 1...
Read More
Problem-32: Probability I: Introductory Ideas
The health department routinely conducts independent inspections of each restaurant, with the restau...
Read More
Problem-33: Probability I: Introductory Ideas
The four floodgates of a small hydroelectric dam fail and are repaired independently of each other. ...
Read More
Problem-34: Probability I: Introductory Ideas
Rob Rales is preparing a report that his employer, the titre Corporation, will eventually deliver to...
Read More
Problem-35: Probability I: Introductory Ideas
A grocery store is reviewing its restocking policies and has analyzed the number of half-gallon cont...
Read More
Problem-36: Probability I: Introductory Ideas
Bill Borde, top advertising executive for Grapevine Concepts, has just launched a publicity campaign...
Read More
Problem-37: Probability I: Introductory Ideas
According to a survey, the probability that a family owns two cars if its annual income is greater t...
Read More
Problem-38: Probability I: Introductory Ideas)
Friendly's Department Store has been the target of many shoplifters during the past month, but owing...
Read More
Problem-39: Probability I: Introductory Ideas
Two events, A and B, are statistically dependent. If P(A)=0.39, P(B)=0.21, and P(A or B)=0.47, find ...
Read More
Problem-40: Probability I: Introductory Ideas
Given that P(A) = 3/14, P(B) = 1/3, P(AC) = 1/7 , and P(B|C) = 5/21, find the following probabilitie...
Read More
Problem-41: Probability I: Introductory Ideas
Assume that for two events A and B, P(A) = 0.80, P(A|B) = P(A), and P(C|A) = 0.85. Is this a consist...
Read More
Problem-42: Probability I: Introductory Ideas
At a soup kitchen, a social worker gathers the following data. Of those visiting the kitchen, 59 per...
Read More
Problem-43: Probability I: Introductory Ideas
During a study of auto accidents, the Highway Safety Council found that 60 percent of all accidents ...
Read More
Problem-44: Probability I: Introductory Ideas
If a hurricane forms in the eastern half of the Gulf of Mexico, there is a 76 percent chance that it...
Read More
Problem-45: Probability I: Introductory Ideas
Al Cascade, president of the Litre Corporation, is studying his company's chances of being awarded a...
Read More
Problem-46: Probability I: Introductory Ideas
A company is considering upgrading its computer system and a major portion of the upgrade is new ope...
Read More
Problem-47: Probability I: Introductory Ideas
The university's library has been randomly surveying patrons over the last month to see who is using...
Read More
Problem-48: Probability I: Introductory Ideas
The southeast regional manager of General Express, a parcel-delivery firm, is worried about the like...
Read More
Problem-49: Probability I: Introductory Ideas
Given: The probabilities of three events, A, B, and C, occurring are P(A)= 0.35, P(B)= 0.45, and P(C...
Read More
Problem-50: Probability I: Introductory Ideas
A doctor has decided to prescribe two new drugs to 200 heart patients as follows: 50 get drug B, and...
Read More
Problem-51: Probability I: Introductory Ideas
Two related experiments are performed. The first has three possible mutually exclusive outcomes: A,B...
Read More
Problem-52: Probability I: Introductory Ideas
Martin Coleman, credit manager for Back's knows that the company uses three methods to encourage col...
Read More
Problem-53: Probability I: Introductory Ideas
A public interest group was planning to make a court challenge to auto insurance rates in one of thr...
Read More
Problem-54: Probability I: Introductory Ideas
EconOcon is planning its company picnic. The only thing that will cancel the picnic is a thunderstor...
Read More
Problem-55: Probability I: Introductory Ideas
An independent research group has been studying the chances that an accident at a nucler power plant...
Read More
Problem-56: Probability I: Introductory Ideas
A physical therapist at Enormous State University knows that the football team will play 40 percent ...
Read More
Problem-57: Probability I: Introductory Ideas
The physical therapist from Exercise 4-48 is interested in studying the relationship between foot in...
Read More
Problem-58: Probability I: Introductory Ideas
A state Democratic official has decided that changes in the state unemployment rate will have a majo...
Read More
Problem-59: Probability I: Introductory Ideas
T.C Fox, marketing director for Metro-Goldmine Motion pictures, believes that the studio's upcoming ...
Read More
Problem-60: Probability I: Introductory Ideas
"The chance of rain today is 80 percent." Which of the following best explains this statement?Contac...
Read More
Problem-61: Probability I: Introductory Ideas
Studies have shown that the chance of a new car being a "lemon"(One with multiple warranty problems)...
Read More
Problem-62: Probability I: Introductory Ideas
Isaac T.Olduso, an engineer for Atlantic Aircraft, disagrees, with his supervisor about the likeliho...
Read More
Problem-63: Probability I: Introductory Ideas
Congressman Bob Forehead has been thinking about the upcoming midterm elections and has prepared the...
Read More
Problem-64: Probability I: Introductory Ideas
Which of the following pairs of events are mutually exclusive? (a) A defense department contractor ...
Read More
Problem-65: Probability I: Introductory Ideas
The scheduling offi cer for a local police department is trying to decide whether to schedule additi...
Read More
Problem-66: Probability I: Introductory Ideas
The Environmental Protection Agency is trying to assess the pollution effect of a paper mill that is...
Read More
Problem-67: Probability I: Introductory Ideas
The American Cancer Society is planning to mail out questionnaires concerning breast cancer. From pa...
Read More
Problem-68: Probability I: Introductory Ideas
McCormick and Tryon, Inc., is a “shark watcher,” hired by fi rms fearing takeover by larger companie...
Read More
Problem-69: Probability I: Introductory Ideas
As the administrator of a hospital, Cindy Turner wants to know what the probability is that a person...
Read More
Problem-70: Probability I: Introductory Ideas
An air traffi c controller at Dulles Airport must obey regulations that require her to divert one of...
Read More
Problem-71: Probability I: Introductory Ideas
In a staff meeting called to address the problem of returned checks at the supermarket where you are...
Read More
Problem-72: Probability I: Introductory Ideas
Working Mother magazine got the following results when it polled some of its readers concerning the ...
Read More
Problem-73: Probability I: Introductory Ideas
Which of the following pairs of events are statistically independent? (a) The times until failure o...
Read More
Problem-74: Probability I: Introductory Ideas
F. Liam Laytor, supervisor of customer relations for GLF Airlines, is studying his company’s overboo...
Read More
Problem-75: Probability I: Introductory Ideas
An electronics manufacturer is considering expansion of its plant in the next 4 years. The decision ...
Read More
Problem-76: Probability I: Introductory Ideas
Draw Venn diagrams to represent the following situations involving three events, A, B, and C, which ...
Read More
Problem-77: Probability I: Introductory Ideas
Cartoonist Barry Bludeau sends his comics to his publisher via Union Postal Delivery. UPD uses rail ...
Read More
Problem-78: Probability I: Introductory Ideas
Determine the probability that (a) Both engines on a small airplane fail, given that each engine fa...
Read More
Problem-79: Probability I: Introductory Ideas
Two-fi fths of clients at Show Me Realty come from an out-of-town referral network, the rest are loc...
Read More
Problem-80: Probability I: Introductory Ideas
A senior North Carolina senator knows he will soon vote on a controversial bill. To learn his consti...
Read More
Problem-81: Probability I: Introductory Ideas
The breakdown by political party of the 435 members of the U.S. House of Representatives before and ...
Read More
Problem-82: Probability I: Introductory Ideas
A produce shipper has 10,000 boxes of bananas from Ecuador and Honduras. An inspection has determine...
Read More
Problem-83: Probability I: Introductory Ideas
Marcia Lerner will graduate in 3 months with a master’s degree in business administration. Her schoo...
Read More
Problem-84: Probability I: Introductory Ideas
A standard set of pool balls contains 15 balls numbered from 1 to 15. Pegleg Woodhull, the famous bl...
Read More
Problem-85: Probability I: Introductory Ideas
BMT, Inc., is trying to decide which of two oil pumps to use in its new race car engine. One pump pr...
Read More
Problem-86: Probability I: Introductory Ideas
Sandy Irick is the public relations director for a large pharmaceutical fi rm that has been attacked...
Read More
Problem-87: Probability I: Introductory Ideas
The pressroom supervisor for a daily newspaper is being pressured to find ways to print the paper cl...
Read More
Problem-88: Probability I: Introductory Ideas
Refer to Exercise 4-83. The supervisor has noted that the web tore during each of the last four runs...
Read More
Problem-89: Probability I: Introductory Ideas
Airlines serve as ''flagship carriers'' in Europe, and for symbolic and strategic reasons, many have...
Read More
Problem-90: Probability I: Introductory Ideas
In the summer of 1995, Boeing successfully introduced into commercial airline service the 777, a lar...
Read More
Most Reading Solutions
Problem-5: Completing the Accounting Cycle
Anya Clark opened Anya's Cleaning Service on July 1, 2019. During July, the following transactions w...
Read More
Problem-5: Adjusting the Accounts
On Nobember 1, 2019, the account balances of Hamm Equipment Repair were as follows During Novembe...
Read More
Problem-1: Completing the Accounting Cycle
The trial balance columns of the worksheet for Wareen Roofing at March 31, 2019, are as follows. Wa...
Read More
Problem-2: Accounting for Merchandising Operations
Renner Hardware Store completed the following merchandising transactions in the month of May. At the...
Read More
Problem-2: The Recording Process
Emily Valley is a licensed dentist. During the first month of the operation of her business, the fol...
Read More
Problem-1: Adjusting the Accounts
Logan Krause started her own consulting firm, Krause Consulting, on May 1, 2019. The trial balance a...
Read More
Problem-2: Adjusting the Accounts
Mac's Motel opened for business on May 1, 2019. Its trial balance before adjustment on May 31 is as ...
Read More
Problem-3: The Recording Process
Maquoketa Services was formed on May 1, 2018. The following transactions took place during the first...
Read More
Problem-5: Accounting for Merchandising Operations
The trial balance of Gaolee Fashion Center contained the following accounts at November 30, the end ...
Read More
Problem-1: Accounting in Action
On April 1, Julie Spengel established Spengel's Travel Agency. The following transactions were compl...
Read More
Problem-5: The Recording Process
The Starr Theater, owned by Meg Vargo will begin operation in March. The Starr will be unique in tha...
Read More
Problem-1: Accounting for Merchandising Operations
Kern's Book Warehouse distributes hardcover looks to retail stores and extends credit terms of 2/10,...
Read More
Problem-1: The Recording Process
Holz Disc Golf Course was opened on March 1 by Ian Holz. The following selected events and transacti...
Read More
Problem-2: Completing the Accounting Cycle
The adjusted trial balance columns of the worksheet for Thao Company, owned by D. Thao, are as follo...
Read More
Problem-5: Inventories
You are provided with the following information for Koetteritz Inc. for the month ended June 30, 201...
Read More
Problem-8: Accounting for Merchandising Operations
At the beginning of the current season on April, the ledger of Gage Pro Shop showed Cash $3,000. Inv...
Read More
Problem-2: Accounting in Action
Judi Salem opened a law office on July 1, 2018. On July 31, the balance sheet showed Cash $5,000, Ac...
Read More
Problem-10: Adjusting the Accounts
The ledger of Passehl Rental Agency on March 31 of the current year includes the selected accounts, ...
Read More
Problem-6: Adjusting the Accounts
Johnson Graphics Company was organized on January 1, 2019, by Cameron Johnson. At the end of the fir...
Read More
Problem-3: Accounting for Merchandising Operations
Big Box Store is located in midtown Madison. During the past several years, net income has been decl...
Read More
Problem-4: Accounting in Action
Trixie Maye started her own consulting firm, Matrix Consulting, on May 1, 2018. The following transa...
Read More
Problem-5: Plant Assets, Natural Resources and intangible Assets
At December 31, 2019, Grand Company reported the following as plant assets. During 2020, the foll...
Read More
Problem-3: Adjusting the Accounts
Alena Co. was organized on July 1, 2019. quarterly financial statements are prepared. The unadjusted...
Read More
Problem-4: Accounting for Merchandising Operations
Yolanda Hagen, a former disc golf star, operates Yolanda's Discorama. At the beginning of the curren...
Read More
Problem-10: Accounting for Merchandising Operations
On September 1, Nixa Office Supply had an inventory of 30 calculators at a cost of $18 each. The com...
Read More
Problem-2: Inventories
Glee Distribution markets CDs of the performing artist Unique. At the beginning of October, Glee had...
Read More
Problem-2: Plant Assets, Natural Resources and intangible Assets
In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in th...
Read More
Problem-1: Accounting for Receivables
At December 31, 2018, House Co. reported the following information on its balance sheet. Accounts r...
Read More
Problem-15: Inventories
Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts, Information rela...
Read More
Problem-4: Accounting Information Systems
Selected accounts from the chart of accounts of Mercer Company are shown below 101 Cash112 Accoun...
Read More
Problem-01: Corporations: Dividends, Retained Earnings, and Income Reporting
On January 1, 2020, Geffrey Corporation had the following stockholders equity accounts. Common St...
Read More
Problem-01: Current Liabilities and Payroll Accounting
On January 1, 2020, the ledger of Accardo Company contains the following liability accounts. Accoun...
Read More
Problem-8: Adjusting the Accounts
Devin Wolf Company has the following balances in selected accounts on December 31, 2019 All the a...
Read More
Problem-4: The Recording Process
The trial balance of Avtar Sandhu Co. Shown below does not balance AVTAR SANDHU CO.Trial BalanceJun...
Read More
Problem-8: Inventories
Dempsey Inc is a retailer operating in British Columbia. Dempsey uses the perpetual inventory method...
Read More
Problem-3: Plant Assets, Natural Resources and intangible Assets
On January 1, 2019, Evers Company purchased the following two machines for use in its production pro...
Read More
Problem-3: Accounting Information Systems
The chart of accounts of LR Company includes the following selected accounts. 112 Accounts Receiv...
Read More
Problem-02: Current Liabilities and Payroll Accounting
The following are selected transactions of Blanco Company. Blanco prepares financial statements quar...
Read More
Problem-3: Completing the Accounting Cycle
The completed financial statement columns of the worksheet for Bray Company are shown as follows. B...
Read More
Problem-4: Completing the Accounting Cycle
Vang Management Services began business on January 1, 2019, with a capital investment of $120,000. t...
Read More
Problem-1: Accounting Information Systems
Kozma Company's chart of accounts includes the following selected accounts. 101 Cash112 Accounts ...
Read More
Problem-3: Accounting for Receivables
Presented below is an aging schedule for Halleran Company. At December 31, 2019, the unadjusted b...
Read More
Problem-17: Inventories
Moath Company reports the following for the month of June. Instructions Compute the cost of en...
Read More
Problem-9: Accounting for Merchandising Operations
Information related to Kerber Co. is presented below On April 5, purchased merchandise from Wilkes ...
Read More
Problem-4: Adjusting the Accounts
A review of the ledger of Remina Company at December 31, 2019, produces the following data pertainin...
Read More
Problem-1: Job Order Costing
Lott Company uses a job order cost system and applies overhead to productions on the basis of direct...
Read More
Problem-3: Accounting in Action
On June 1, Cindy Godfrey started Divine Designs Co., a company that provides cash opportunities by i...
Read More
In a survey conducted of 2,000 clerks in an office it found that 48%preferred coffee (C), 54% liked Tea (T) and 64% used to smoke (S). Of the total 28% used C and T, 32%...
the number having all the three T and S but not C only C
Read More
Problem-01: Long-Term Liabilities
On May 1, 2019, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated M...
Read More
Problem-01: Corporations: Organization and Capital Stock Transactions
DeLong Corporation was organized on January 1, 2020. It is authorized to issue 10,000 shares of 8%, ...
Read More
Completing the Accounting Cycle
Adjusting the Accounts
Accounting for Merchandising Operations
The Recording Process
Accounting in Action
Inventories
Plant Assets, Natural Resources, and Intangible Assets
Accounting for Receivables
Accounting Information Systems
Corporations: Dividends, Retained Earnings, and Income Reporting
Current Liabilities and Payroll Accounting
Job Order Costing
Sets
Long-Term Liabilities
Corporations: Organization and Capital Stock Transactions
© 2025 MathLearningCentre