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Student admissions are based on the following table, which shows the profile, by Math SAT I scores, of admitted students at some university for the Fall 2004 semester. Determine the theoretical probability of the event: "An applicant who had a Math SAT below 400 was admitted." (Round your answer to the nearest 0.01) .
Demonstrative Legacy
A demonstrative legacy is a specific gift of money with the direction that it is to be paid out of a particular fund or property, used in wills and estate planning.
Probate
The legal process through which a deceased person's will is validated and their estate is distributed to beneficiaries.
General Legacy
A bequest of a specified amount of money or a percentage of the estate to a beneficiary, as stipulated in a will.
Personal Property
Movable assets owned by an individual or an entity, such as vehicles, furniture, and equipment, in contrast to real property like land or buildings.
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