From a Survey Involving 2,000 Students at a Large University,it

question 29

Short Answer

From a survey involving 2,000 students at a large university,it was found that 1,300 students had classes on Monday,Wednesday,and Friday; 1,500 students had classes on Tuesday and Thursday; and 800 students had classes every day.If a student at this university is selected at random,what is the (empirical)probability that the student has classes only on Tuesday and Thursday?

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Definitions:

Net Profit Margin Percentage

A financial ratio indicating the percentage of revenue that remains as net income after all expenses, interest, and taxes have been deducted.

Equity Multiplier

The equity multiplier is a financial leverage ratio that measures the portion of a company’s assets financed by stockholders' equity, indicating financial risk.

Total Assets

The total of all assets owned by a company, including current and non-current assets, representing its value to shareholders.

Sales

Revenue generated from the selling of goods or services within a specific period.