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The table below shows the soft drinks preferences of people in three age groups.
If one of the 255 subjects is randomly selected, find the probability (in fractional form) that the person is over 40 and drinks cola.
Corporate Bond
A debt security issued by corporations to finance their operations, which promises to pay the holder a specified rate of interest and return the principal at maturity.
Tax Bracket
A range of incomes taxed at a certain rate within a tax system, where the tax rate typically increases as income rises.
Before-tax Yield
The earnings or return on an investment before the deduction of any taxes.
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, expressed as a ratio or percentage of the investment’s gain relative to its cost.
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