To solve this problem, we need to determine if both statements about probabilities in forming words from the letters of "SYLLABUS" are correct.
Calculate the total number of distinct 8-letter words formed from "SYLLABUS".
Letters in "SYLLABUS": S, Y, L, L, A, B, U, S.
Since 'L' and 'S' are repeated, the total number of arrangements is given by:
\(\frac{8!}{2! \times 2!}\)
Calculating this:
\(\frac{40320}{4} = 10080\)
Check Statement I: "The probability that the word contains the two S's together is \(\frac{1}{4}\)."
Treat the two 'S's as a single unit. Thus, we have 7 units to arrange: 'SS', Y, L, L, A, B, U.
The number of ways to arrange these units is:
\(\frac{7!}{2!}\)
Calculating this:
\(\frac{5040}{2} = 2520\)
The probability is then:
\(\frac{2520}{10080} = \frac{1}{4}\)
Thus, Statement I is correct.
Check Statement II: "The probability that the word begins and ends with L is \(\frac{1}{28}\)."
Fix 'L' at both ends: L _ _ _ _ _ _ L. Now, we arrange the remaining: S, S, Y, A, B, U (6 unique letters).
The number of ways to arrange these letters is:
\(\frac{6!}{2!}\)
Calculating this:
\(\frac{720}{2} = 360\)
The probability is then:
\(\frac{360}{10080} = \frac{1}{28}\)
Thus, Statement II is correct.
Conclusion: Both Statement I and Statement II are true, so the correct answer is "Both Statement I and Statement II are true".
The probability of hitting the target by a trained sniper is three times the probability of not hitting the target on a stormy day due to high wind speed. The sniper fired two shots on the target on a stormy day when wind speed was very high. Find the probability that
(i) target is hit.
(ii) at least one shot misses the target. 
Smoking increases the risk of lung problems. A study revealed that 170 in 1000 males who smoke develop lung complications, while 120 out of 1000 females who smoke develop lung related problems. In a colony, 50 people were found to be smokers of which 30 are males. A person is selected at random from these 50 people and tested for lung related problems. Based on the given information answer the following questions: 
(i) What is the probability that selected person is a female?
(ii) If a male person is selected, what is the probability that he will not be suffering from lung problems?
(iii)(a) A person selected at random is detected with lung complications. Find the probability that selected person is a female.
OR
(iii)(b) A person selected at random is not having lung problems. Find the probability that the person is a male.
Venture Capital financing is _______
(A) Type of financing by venture capital.
(B) It is private equity capital provided as seed funding to early stage.
(C) Investment in blue chip companies for assured return.
(D) It is a high risk investment made with an intention of creating high returns.
(E) Done in technology projects only.
Choose the correct answer from the options given below :