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:

Perpetual Inventory System

A method of inventory management where updates to inventory records are made continuously as transactions occur.

Net Price Method

An accounting method where discounts are not recorded in the accounting records; instead, purchases are recorded at the net purchase price.

Exchange Rates

The price of one country's currency in terms of another currency, which determines how much foreign currency one can buy with a unit of domestic currency.

Euros

The euro is the official currency of 19 of the 27 European Union countries, which together comprise the Eurozone.