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You might find the defective ball on the first selection. So the minimum number of chances is 1. If you randomly and repeatedly select and replace the ball, until the defective one is found, the mean number of selections is 9. If you do not replace the balls, the mean number of selections until the defect is found is approximately 4.

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The minimum number of legislators needed to conduct official business?

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When the firm attains minimum average variable cost how many units of labor is it using?

When a firm attains minimum average variable cost, the number of units of labor it is using depends on the average product.


What is the value of a defective one dollar note?

No one answer, as there is more than one series of bills, and multiple different defects. The greater the number and nature of the defects, the higher the value- but it WILL need a hands on appraisal.


What meaning o minimum efficient scale?

Minimum efficient scale (MES) is a term used in industrial organization to denote the smallest output that a plant (or firm) can produce such that its long run average costs are minimized. This concept is useful in determining the likely market structure of a market. For instance, if the minimum efficient scale is small relative to the overall size of the market (demand for the good), there will be a large number of firms. The firms in this market will be likely to behave in a perfectly competitive manor due to the large number of competitors.


How does minimum wage affect the cost of living?

A raise in the minimum wage causes a significant increase in the cost of living. Although less the 1/10 of 1% of people are paid just the minimum wage there are numerous employment contracts tied to that number. An example in a collective bargaining agreement may state a particular job will pay 3,4 or 5 times minimum wage. So if minimum wages increased by 25 cents per hour that contract would automatically pay 75 cents to $1.25 per hour morecausing goods and services to increase in order to compensate.

Related Questions

What are the chances of finding a Charlie Chaplin look-alike at the upcoming costume party?

The chances of finding a Charlie Chaplin look-alike at the upcoming costume party are uncertain and depend on the number of attendees and their costume choices.


What is the minimum number of coins required to make a given amount of change using dynamic programming in the minimum coin change problem?

In the minimum coin change problem using dynamic programming, the minimum number of coins required to make a given amount of change is calculated by finding the optimal combination of coins that add up to that amount. This involves breaking down the problem into subproblems and finding the minimum number of coins needed for each subproblem. The final answer is the minimum number of coins needed to make the given amount of change.


Who owns a gun 1911 A1 serial number 2441868?

Your chances of finding out are less than winning the world's biggest lottery.


Factory workers test 60 batteries. 24 batteries are defective. What is the experimental probability that a battery is defective?

Just divide 24 (the number of defective batteries) by 60 (the total number).


What is the probability that you choose either a number divisible by 4 or a number divisible by 3?

The chances of you finding a number divisible by 4 is 1/4 (because out of every four numbers, 1 of them is divisible by 4), and a 1/3 chance of finding a number divisible by 3 (see above). If we add them up, we get the chance, 1/4+1/3= 3/12+4/12. Now this would be saying that finding numbers that would be divisible by 12 (the ones divisible by 3 AND 4) would count twice, and we don't want that. To counter this, we have to subtract the chances of you finding a multiple of 12 once (so that the chances of finding the multiple of 12 would count ONCE). This translates to 3/12+4/12-1/12=6/12=1/2. :)


What are defective numbers?

Defective numbers are when all the factors of a number add up to be smaller than the number.Ex.:39 1+3+13=17 17<39 39 is defective


What is the runtime complexity of Kruskal's algorithm for finding the minimum spanning tree of a graph?

The runtime complexity of Kruskal's algorithm is O(E log V), where E is the number of edges and V is the number of vertices in the graph.


Should countries in the Olympics have a minimum number of athletes?

There is a minimum number, it is one.


Does an intentionally defective grantor trust require an Employer Identification Number (EIN)?

Yes, an intentionally defective grantor trust does require an Employer Identification Number (EIN) for tax reporting purposes.


What is a defective number?

Also called a deficient number, it is a number for which the sum of the proper divisors is less than the number itself.


What is the minimum oxidation number for nitrogen?

The minimum oxidation number for nitrogen is -3.


Should an intentionally defective grantor trust have an employer identification number?

no