The Following Table Gives the Percent of Employees of the Ace

question 17

Multiple Choice

The following table gives the percent of employees of the Ace Company in each of three salary brackets, categorized by the sex of the employees. An employee is selected at random. What is the probability that the person is male or makes less than $30,000? ​ ​

• A)Pr(male∪$30,000) = 0.84
• B)Pr(male∪$30,000) = 0.55
• C)Pr(male∪$30,000) = 0.29
• D)Pr(male∪$30,000) = 0.78
• E)Pr(male∪$30,000) = 0.47

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Definitions:

Direct Costs

Costs that can be directly tied to the production of specific goods or services, such as raw materials and direct labor.

Accounting Period

A span of time during which financial events are recorded and compiled into financial statements.

Variable Costs

Expenditures that fluctuate with the quantity of production or the volume of sales.

Specific Decision

A choice made in a particular situation, often necessitating the consideration of relevant information and specific circumstances.