Assuming That Each of the 52 Cards in an Ordinary

question 27

Multiple Choice

Assuming that each of the 52 cards in an ordinary deck has a probability of 1/52 of being drawn, what is the probability of drawing a black card?

• A) 1/52
• B) 4/52
• C) 13/52
• D) 26/52

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Definitions:

Normal Good

A type of good for which demand increases as the income of the consumer increases.

Normal Good

A good whose demand increases as consumers' income rises, holding all other factors constant.

Students' Incomes

The earnings received by students from part-time jobs, stipends, or scholarships, contributing to their financial support.

Demand

The amount of a product or service that buyers are ready and can afford to buy at different price points within a specified time frame.