Let F Be the Event That a Student Is Enrolled

question 88

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.A student is randomly selected, and it is found that the student is enrolled in finance.What is the probability that this student is also enrolled in statistics?

• A)0.15
• B)0.75
• C)0.375
• D)0.50
• E)0.80

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Definitions:

Government Intervention

Government intervention refers to regulatory actions taken by a government to affect or influence the economy, market operations, or social welfare.

Improve Equality

Efforts or policies aimed at reducing disparities and achieving fairness and equal opportunity in society.

Market Economy

An economic system where decisions regarding investment, production, and distribution are driven by the market's supply and demand forces.

Prices Reflect

The concept that prices in a market represent information about the value of goods and services, influenced by supply, demand, and costs.