Let F Be the Event That a Student Is Enrolled

question 78

Multiple Choice

Let F be the event that a student is enrolled in a finance course, and let S be the event that a student is enrolled in a statistics course.It is known that 40% of all students are enrolled in a- finance course and 35% of all students are enrolled in statistics.Included in these numbers are 15% who are enrolled in both statistics and finance.Find P(S) .

• A)0.15
• B)0.35
• C)0.40
• D)0.55
• E)0.60

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Definitions:

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, indicating the dollar amount investors will pay for $1 of earnings.

Market Price

The existing cost for buying or selling an asset or service.

Common Stock

Common stock represents shares of ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Acid-Test Ratio

A financial metric used to evaluate a company's short-term liquidity position by comparing its most liquid assets (excluding inventory) to its current liabilities.