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

question 153

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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 either enrolled in accounting or statistics, but not both?


Definitions:

Tariffs

Taxes imposed by a government on imported or exported goods to regulate trade balances or protect domestic industries.

Currency Shifts

Fluctuations in the value of one currency relative to others, which can affect economic conditions and financial decisions.

Cultural Barriers

Obstacles related to differences in culture, language, and norms that can hinder effective communication and interaction among individuals from different backgrounds.

Religious Attitudes

Refers to the beliefs, feelings, and behaviors towards spirituality or religion held by an individual or a group.

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