The Ages of Five Randomly Chosen Cars in a Parking

question 35

Multiple Choice

The ages of five randomly chosen cars in a parking garage are determined to be 7, 9, 3, 4, and 6 years old. If weconsider this sample of 5 in groups of 3, how many groups can be formed?

• A) 10
• B) 5
• C) 30
• D) 60

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Definitions:

Partnership

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.

Sole Proprietorship

A business in which one person (sole proprietor) controls the management and profits.

Entity Partnership

A business structure where two or more entities join together in partnership to conduct business.

Limited Liability Company

A corporate framework that merges the tax benefits of a sole proprietorship or partnership with the protective limited liability found in a corporation.