Solve the Problem $\frac { 13 } { 18 }$ B) $\frac { 5 } { 36 }$

question 48

Multiple Choice

Solve the problem.
-Consider the sample space when two fair dice are rolled. Determine the probability for the following event. The sum of the numbers on the dice is less than 8.

• A) \(\frac { 13 } { 18 }\)
• B) \(\frac { 5 } { 36 }\)
• C) \(\frac { 5 } { 18 }\)
• D) \(\frac { 7 } { 12 }\)

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Definitions:

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that remains constant regardless of the volume of production, including expenses such as factory rent and salaries of permanent staff.

Avoidable Cost

Expenses that can be eliminated if a particular decision or action is avoided.

Financially Better

A general term that implies an improvement in financial condition or performance compared to a previous period.

Variable Expenses

Costs that fluctuate in direct proportion to changes in the level of activity or business operations, such as materials and labor.