A Consulting Firm Has Received 2 Super Bowl Playoff Tickets

question 78

Multiple Choice

A consulting firm has received 2 Super Bowl playoff tickets from one of its clients.To be fair, the firm is randomly selecting two different employee names to "win" the tickets.There are 6 secretaries, 5 consultants, and 4 partners in the firm.Which of the following statements is true?

• A)The probability of a partner winning on the second draw given that a partner won on the first draw is 3/14.
• B)The probability of a secretary winning on the second draw given that a secretary won on the first draw is 2/15.
• C)The probability of a consultant winning on the second draw given that a consultant won on the first draw is 5/14.
• D)The probability of a partner winning on the second draw given that a secretary won on the first draw is 8/30.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, which evenly spreads the depreciable amount over the expected useful life of the asset.

After-Tax Salvage Value

The net value of a disposed asset after accounting for taxes on its sale.

Tax Rate

The fraction of earnings taxed from a person or a company.