The Table Below Provides Summary Information About the Students in a Class.The

question 6

Multiple Choice

The table below provides summary information about the students in a class.The sex of each individual and their age is given. $$\begin{array} { | l | c | c | c | } \hline & \text { Male } & \text { Fernale } & \text { Total } \\\hline \text { Under 20 yrs old } & 10 & 8 & 18 \\\hline \begin{array} { l } \text { Between } 20 \text { and } 25 \\\text { yrs old }\end{array} & 12 & 18 & 30 \\\hline \text { Older tharn 25 yrs. } & 26 & 26 & 52 \\\hline \text { Total } & 48 & 52 & 100 \\\hline\end{array}$$ A student is randomly selected from this group, and it is found that the student is older than 25 years.What is the probability that the student is a male?

• A)0.21
• B)0.10
• C)0.50
• D)0.54
• E)0.26

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Definitions:

Perpetual System

An inventory management method where inventory quantities and cost of goods sold are updated continuously with each sale or purchase.

Periodic System

A method of inventory valuation for financial reporting purposes where a physical count of the inventory is performed at specific intervals to determine the ending inventory balance and the cost of goods sold.

Merchandise Inventory

Goods or products that a retail or wholesale company holds for the purpose of selling them to customers.

Goods On Consignment

Merchandise that is sent to a retailer by the vendor to be sold but remains the property of the vendor until sold.