In a carnival game, a player spins a wheel that stops with the pointer on one (and only one) of three colors. The likelihood of the pointer landing on each color is as follows: 64 percent BLUE, 22 percent RED, and 14 percent GREEN.

Note: Your answers should be rounded to three decimal places.

(a) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on BLUE. What is the probability that we will spin the wheel exactly three times?

(b) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on RED. What is the probability that we will spin the wheel at least three times?

(c) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on GREEN. What is the probability that we will spin the wheel 2 or fewer times?

In a carnival game, a player spins a wheel that stops with the pointer on one (and only one) of three colors. The likelihood of the pointer landing on each color is as follows: 65 percent BLUE, 20 percent RED, and 15 percent GREEN. Note: Your answers should be rounded to three decimal places. (a) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on BLUE. What is the probability that we will spin the wheel exactly three times? (b) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on RED. What is the probability that we will spin the wheel at least three times? (c) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on GREEN. What is the probability that we will spin the wheel 2 or fewer times?

In a carnival game, a player spins a wheel that stops with the pointer on one (and only one) of three colors. The likelihood of the pointer landing on each color is as follows: 64 percent BLUE, 20 percent RED, and 16 percent GREEN.

Note: Your answers should be rounded to three decimal places.

(a) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on BLUE. What is the probability that we will spin the wheel exactly three times?

(b) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on RED. What is the probability that we will spin the wheel at least three times?

(c) Suppose we spin the wheel, observe the color that the pointer stops on, and repeat the process until the pointer stops on GREEN. What is the probability that we will spin the wheel 2 or fewer times?

2.)What is Opportunity Cost (Define and Explain) ? Give an example of an Opportunity Cost.

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Section 20 of the companies act 2016 states that a company incorporated under this act is a body corporate.

explain using the case of solomon v solomon (1896)

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"There is a strong historical correlation between the performance of the Saudi stock market, oil prices and global financial markets."

1- Discuss in detail how accurate this link is?

2- What is your personal assessment of the financial market situation in the Kingdom?