At a University with 1,000 Business Majors, There Are 200

question 34

Multiple Choice

At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course.Of these 200 students, 50 are also enrolled in an introductory accounting course.There are an additional 250 business students enrolled in accounting but not enrolled in statistics.If a business student is selected at random, what is the probability that the student is enrolled in neither accounting nor statistics?

• A)0.45
• B)0.50
• C)0.55
• D)0.05

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Definitions:

Democratic Socialist Economy

An economic system that combines elements of democracy and socialism, aiming to distribute wealth more evenly across society while allowing for some private ownership.

Age Cohort

A group of individuals who are born around the same period and therefore experience similar cultural, societal, and historical events at approximately the same stage in life.

Life Expectancy

The average period that a person or organism is expected to live, based on statistical analysis.

Age Bias

Prejudice or discrimination against individuals based on their age, often impacting employment opportunities and social treatment.