Answer:
(a) what is the sample space for this chance process?
If we toss a coin three times then there are total outcomes
The sample space associated with the given chance process is:
(b) what is the assignment of probabilities to outcomes in this sample space?
Since the given sample space has eight outcomes and we know that a fair coin is tosses three times. Therefore, the probability of all the events mentioned in the given sample space is same. Hence we have:
Answer:
A) See attached.
B) Cheryl owes the bank more.
Step-by-step explanation:
Given account balances:
(Andrew has as much savings in his account as the amount John owes).
<h3><u>Part A</u></h3>(See attached number line).
<h3><u>Part B</u></h3>The <u>absolute value</u> of a number is its <u>positive numerical value</u>.
To calculate how much John and Cheryl owe the bank, take the absolute values of their account balances:
As 3.00 > 2.75, Cheryl owes the bank more.
