Answered: Ahmed has T-shirts in 3 colors red,…

Ahmed has T-shirts in 3 colors red, blue and green. They are in the ratio of 2:4:6. If he has 12 blue T-shirts, how many T-shirts he has all together?

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter5: Probability: An Introduction To Modeling Uncertainty

Section: Chapter Questions

Problem 12P: RunningWithTheDevil.com created a web site to market running shoes and other running apparel....

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Concept explainers

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.

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Ahmed has T-shirts in 3 colors red, blue and
green. They are in the ratio of 2:4:6. If he has 12
blue T-shirts, how many T-shirts he has all
together?
O a. 12
O b. 24
O . 36
O d. 30

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