Given That Event E Has a Probability of

question 62

Multiple Choice

Given that event E has a probability of .25, the probability of the complement of event E _____.

• A) cannot be determined with the above information
• B) can have any value between 0 and 1
• C) must be .75
• D) is .25

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Definitions:

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over time.

CCA Rate

The rate at which a business can claim Capital Cost Allowance, which is depreciation for tax purposes.

Marginal Tax Rates

This is the percentage of tax applied to your next dollar of income, varying with taxpayers' income levels within defined tax brackets.

Eligible Dividends

Eligible dividends are those paid by Canadian corporations to Canadian residents, which are eligible for an enhanced dividend tax credit.