A Man Owns an Audi, a Ford, and a VW

question 100

Multiple Choice

A man owns an Audi, a Ford, and a VW. He drives everyday and never drives the same car two days in a row. These are the probabilities that he drives each of the other cars the next day: ​
Pr(Ford after Audi) = 0.5
Pr(VW after Audi) = 0.5
Pr(Audi after Ford) = 0.6
Pr(VW after Ford) = 0.4
Pr(Audi after VW) = 0.9
Pr(Ford after VW) = 0.1
​
If he drove the Ford on Monday, what is the probability that he will drive the VW on Wednesday?
​

• A)​Pr(VW on Wednesday) = 0.3
• B)​Pr(VW on Wednesday) = 0.4
• C)​Pr(VW on Wednesday) = 0.01
• D)​Pr(VW on Wednesday) = 0.1
• E)​Pr(VW on Wednesday) = 0.16

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Definitions:

Tax Burden

The measure of taxes that an individual or business must bear, often expressed as a percentage of income or profit.

Legal Assignment

The transfer of a property right or title to some particular benefit, usually from one party to another, under the terms of a legal agreement.

Social Security Tax

A tax that funds the Social Security program, which is levied on both employers and employees to provide financial assistance to retirees, disabled individuals, and survivors.

Withholding Rate

The percentage of an employee's pay that is not included in their take-home pay because it is held back for taxes.