A particular event to occur is having a probability of 15% every year. A project lasts for three years; what is the probability of the event to occur in the third year?
A-) 15%
B-) 6.25%
C-) 45%
D-) 15.25%
Answer:A
A particular event to occur is having a probability of 15% every year. A project lasts for three years; what is the probability of the event to occur in the third year?
A-) 15% B-) 6.25% C-) 45% D-) 15.25%