Copy (2) of KatrinaManning_MM207_Unit_3_Chapter_3_Project

# Copy (2) of KatrinaManning_MM207_Unit_3_Chapter_3_Project -...

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MM207 Unit 3 Chapter 3 Project  Total points are 30. Points are included with each problem. Included with each section or problem are reference examples and end of section exercises that  can be used as a guide. Be sure to show your work so that partial credit may be awarded. To   receive full credit, work must be shown if applicable. Section 3.1: Basic Concepts of Probability and Counting 1.  License plates are made using 3 letters followed by 2 digits. How many different plates  can be made if repetition of letters and digits is allowed?  (References: example 4   page  135, end of section exercises 13 - 16 page 142 and 35 – 36 page 144)   (6 points) 2.  In 2001 the stock market took some big swings up and down. One thousand investors  were asked how often they tracked their investments. The table below shows their  responses. What is the probability that an investor tracks the portfolio monthly?  (References: example 6 page 137, end of section exercises 45 - 48 page 145)  (

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## This note was uploaded on 03/26/2011 for the course MM 207 taught by Professor Hill during the Spring '08 term at Kaplan University.

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Copy (2) of KatrinaManning_MM207_Unit_3_Chapter_3_Project -...

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