The probability of getting a green marble from a
bag of 6 green,4 red and 5 blue marbles are
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Question
A bag contains 4 red marbles, 6 blue marbles and 5 green marbles. If three marbles are drawn out of the bag, what is the exact probability that all 3 marbles drawn will be green?
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Another approach is to multiply the 3 probabilities P{draw Green} x P{draw Green, given ...
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If a nation is unable or refuses to repay its external debt, it is said to be in sovereign default. This can lead to the lenders withholding future releases of assets that might be needed by the borrowing nation. Such instances can have a rolling effect. The borrower’s currency may collapse, and the nation’s overall economic growth will stall
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