What is the probability of drawing a blue marble from a bag of 18 marbles three of which are blue?
The probability is 3/18 which you can simplify down to 1/6. 🙂 Hope this helps!
What is without replacement in probability?
Probability without replacement means once we draw an item, then we do not replace it back to the sample space before drawing a second item. In other words, an item cannot be drawn more than once. For example, if we draw a candy from a box of 9 candies, and then we draw a second candy without replacing the first candy.
What is the difference between with replacement and without replacement in probability?
With replacement means the same item can be chosen more than once. Without replacement means the same item cannot be selected more than once.
What is with replacement in probability?
Probability with Replacement is used for questions where the outcomes are returned back to the sample space again. Which means that once the item is selected, then it is replaced back to the sample space, so the number of elements of the sample space remains unchanged.
How do you solve ratios?
To solve this question, you must first add together the two halves of the ratio i.e. 4 + 2 = 6. Then you need to divide the total amount using that number i.e. 600/6 = 100. To work out how much each person gets, you then multiply their share by 100.
How do you figure a ratio?
To find an equal ratio, you can either multiply or divide each term in the ratio by the same number (but not zero). For example, if we divide both terms in the ratio 3:6 by the number three, then we get the equal ratio, 1:2.
What are the 3 ways in writing a ratio?
- A ratio can be expressed 3. different ways:
- Cross Multiplication.
- Proportion.
- ½ =
- /
- proportionate. 1:2 = 4:8. 1 to 2 = 4 to 8.
What are the 3 types of ratios?
The three main categories of ratios include profitability, leverage and liquidity ratios. Knowing the individual ratios in each category and the role they plan can help you make beneficial financial decisions concerning your future.
What are 2 types of ratios?
In general, a ratio is an expression that shows the relationship between two values. It tells us how much of one thing is there as compared to another. There are two “kinds” of ratios: “part to part” and “part to whole“.
What are the 4 financial ratios?
In general, financial ratios can be broken down into four main categories—1) profitability or return on investment; 2) liquidity; 3) leverage, and 4) operating or efficiency—with several specific ratio calculations prescribed within each.
What are the 5 types of ratios?
Ratio analysis consists of calculating financial performance using five basic types of ratios: profitability, liquidity, activity, debt, and market.
What are the classification of ratio?
On the basis of function or test, the ratios are classified as liquidity ratios, profitability ratios, activity ratios and solvency ratios.
What is Ratio explain?
In mathematics, a ratio indicates how many times one number contains another. For example, if there are eight oranges and six lemons in a bowl of fruit, then the ratio of oranges to lemons is eight to six (that is, 8∶6, which is equivalent to the ratio 4∶3). Equal quotients correspond to equal ratios.
What are the major financial ratios?
6 Basic Financial Ratios and What They Reveal
- Working Capital Ratio.
- Quick Ratio.
- Earnings per Share (EPS)
- Price-Earnings (P/E) Ratio.
- Debt-Equity Ratio.
- Return on Equity (ROE)
What is a good financial ratio?
Most Important Financial Ratios
- Top 5 Financial Ratios.
- Debt-to-Equity Ratio.
- Total Liabilities / Shareholders Equity.
- Current Ratio.
- Current Assets / Current Liabilities.
- Quick Ratio.
- (Current Assets – Inventories)/ Current Liabilities.
- Return on Equity (ROE)
How do you explain financial ratios?
Financial Ratios Definitions A ratio takes one number and divides it into another number to determine a decimal that can later be converted to a percentage, if desired. For example, a debt-to-equity ratio looks at the debt liabilities of the company and divides it by the asset equity.
Which financial ratios are used to determine if a company qualifies for a loan?
While there are many financial ratios that may be calculated and evaluated, three of the more important ratios in a commercial loan transaction are:
- Debt-to-Cash Flow Ratio (typically called the Leverage Ratio),
- Debt Service Coverage Ratio, and.
- Quick Ratio.
What is the most conservative ratio for a lender to apply?
The ratio reflects the equity cushion the lender believes they have above the value of the loan. Typical LTVs for secured first mortgages range from 50%-70%.
What is a good debt to income ratio?
Lenders prefer to see a debt-to-income ratio smaller than 36%, with no more than 28% of that debt going towards servicing your mortgage. 12 For example, assume your gross income is $4,000 per month. The maximum amount for monthly mortgage-related payments at 28% would be $1,120 ($4,000 x 0.28 = $1,120).
How would you decide if you can lend $100 million to a company?
How would you decide if you can lend $100 million to a company? Review all three financial statements for the past five years and perform a financial analysis. Determine what assets can be used as collateral, how much cash flow there is, and what the trends of the business are.
How can I borrow money fast?
The best ways to borrow money fast are to get a personal loan known for quick approval and funding or to charge your expenses to a credit card. Other ways to borrow money fast include drawing from an existing home equity line of credit, borrowing from a friend, or getting a credit card cash advance.