New Car Owners Were Asked to Evaluate Their Experiences in Buying

question 55

Multiple Choice

New car owners were asked to evaluate their experiences in buying a new car during the past 12 months. In the survey, the owners indicated they were most satisfied with their experiences at the following three dealers (in no particular order) : Subaru, Honda, and Buick. Assuming that each set of rankings is equally likely, what is the probability that owners ranked Subaru third?

• A) 1/3
• B) 1/6
• C) 1/2
• D) 5/6
• E) 6/6

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Definitions:

Venture Capital

Financing provided by investors to startup companies and small businesses with long-term growth potential.

Task Performance

The execution or accomplishment of specific duties or responsibilities associated with a person's job or role.

Expertise

The skill, knowledge, or proficiency acquired by an individual through experience or education in a particular area.

Relationships

Bonds or connections between individuals or entities that are typically characterized by mutual respect, communication, and cooperation.