A utility function defines the relationship between the quantity of goods consumed and the level of satisfaction or utility derived by a consumer.
A bag contains cards numbered between 23 and 92. If one card is drawn from the bag, the probability that the number on the drawn card is a perfect squar...
One summer peter visits 4 villages (A, B, C and D) in a random order. Find the probability that he visits (i) A before B (ii) A before B and B before C ...
A card is drawn randomly from a collection of total face cards. What is the probability that the drawn card is a Queen?
A basket contains 3 pink, 4 blue and 5 yellow wools. If three wools are picked at random, what is the probability that either all are blue or either all...
"A box contains 54 rubber bands in three colors: Red, Green, and Yellow. The probability of picking a green rubber band is (1/3),...
A brother and a sister appear for an interview against two vacant posts in an office. The probability of the brother’s selection is 1/5 and that of th...
If A and B are any two events such that P (A) + P (B) − P (A ∩ B) = P (A), then
Ten tickets numbered 1 to 15 are placed in a box, mixed up thoroughly and then one ticket is drawn randomly. If it is known that the number on the drawn...
A bag contains 7 (one rupee coins), 4 (two rupee coin) and 5 (ten rupee coin). Find the probability that 3 coins drawn at random are either (two rupee c...
The probability that Leah will be accepted into program P is 60% and into program Q is 40%. Leah prefers program 'P' first, then 'Q', and finally 'R'. A...
