Assignment 2 1. A bag contains 10 red balls and 15 blue balls. If 6 balls are drawn without replacement, calculate the probability of getting exactly 3 red balls. 2. The price index for a basket of goods in Year 1 is 150, and in Year 2 it is 165. Calculate the percentage change in the price index from Year 1 to Year 2. 3. The real estate price index in City A is 150, and in City B, it is 180. Calculate the relative price of real estate in City B compared to City A.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 26PPS
Question
Assignment 2
1. A bag contains 10 red balls and 15 blue balls. If 6 balls are drawn without replacement,
calculate the probability of getting exactly 3 red balls.
2. The price index for a basket of goods in Year 1 is 150, and in Year 2 it is 165. Calculate
the percentage change in the price index from Year 1 to Year 2.
3. The real estate price index in City A is 150, and in City B, it is 180. Calculate the relative
price of real estate in City B compared to City A.
Transcribed Image Text:Assignment 2 1. A bag contains 10 red balls and 15 blue balls. If 6 balls are drawn without replacement, calculate the probability of getting exactly 3 red balls. 2. The price index for a basket of goods in Year 1 is 150, and in Year 2 it is 165. Calculate the percentage change in the price index from Year 1 to Year 2. 3. The real estate price index in City A is 150, and in City B, it is 180. Calculate the relative price of real estate in City B compared to City A.
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