A Survey Asked 33,703 Homeowners How Many Pets They Owned

question 16

Multiple Choice

A survey asked 33,703 homeowners how many pets they owned. The results were as follow
$\begin{array} { c c } \hline \text { Number of Pets } & \text { Number of Homeowners } \\\hline 0 & 6705 \\1 & 10,544 \\2 & 9049 \\3 & 6463 \\4 \text { or more } & 942 \\\hline \text { Total } & 33,703\end{array}$
What is the probability that a sampled homeowner has three pets?

• A)0.78
• B)0.192
• C)0.028
• D)0.22

Comprehend the legal mechanisms for revoking wills and the establishment of constructive trusts due to fraud or duress.

Critically assess estate planning strategies and legal provisions to accommodate the evolving legal environment, such as changes in law or the creation of will substitutes.

Understand the basics of Mendelian genetics including dominance, recessiveness, and genotype-phenotype relationships.

Comprehend the concept of probability in genetics and how it applies to predicting outcomes.

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Definitions:

Issued

Refers to the total number of shares that have been allocated by a company and are held by shareholders.

Market Rate

The prevailing interest rate available in the marketplace for securities or loans, which can fluctuate based on supply and demand, inflation, and other economic factors.

Carrying Value

The book value of assets and liabilities as recorded in a company's financial statements, reflecting their historical cost adjusted for any depreciation or amortization.

Effective Interest Method

A technique used for calculating the interest income of a debt investment over its expected life, adjusting for the impact of amortizing any discount or premium on the purchase price of the bond.