7. Clive has 2 pairs of yellow socks, 3 pairs of red socks, 4 pairs of black socks and 6 pairs of white socks in his sock drawer. There is a power failure while he is getting dressed and he cannot see which colour socks he is putting on. a. What is the probability that he will put on red socks? b. What is the probability that he will put on yellow socks? C. What is the probability that he will put on white socks? d. What is the probability that he will put on black socks?

7. Clive has 2 pairs of yellow socks, 3 pairs of red socks, 4 pairs of black socks and 6 pairs of white socks in his sock drawer. There is a power failure while he is getting dressed and he cannot see which colour socks he is putting on. a. What is the probability that he will put on red socks? b. What is the probability that he will put on yellow socks? C. What is the probability that he will put on white socks? d. What is the probability that he will put on black socks?

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter4: Utility Maximization And Choice

Section: Chapter Questions

Problem 4.2P

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