What Is the Probability That Any Two People Chosen at Random

question 116

Multiple Choice

What is the probability that any two people chosen at random were born on the same day of the week?

• A) 1/7
• B) 1/49
• C) 2/7
• D) 2/49

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, part of the cash flow statement.

Indirect Method

A technique used in financial accounting to calculate cash flows from operations by adjusting net income for non-cash transactions.

Operating Activities

The primary, day-to-day activities of a business that relate to its production, sales, and delivery of goods and services.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, representing the wear and tear on the asset over time.