The Distribution of Bachelorʹs Degrees Conferred by a University Is

question 92

Multiple Choice

The distribution of Bachelorʹs degrees conferred by a university is listed in the table. Assume that a studentmajors in only one subject. What is the probability that a randomly selected student with a Bachelorʹs degreemajored in Physics or Philosophy? Round your answer to three decimal places. $$\begin{array} { l | c } \text { Major } & \text { Frequency } \\\hline \text { Physics } & 227 \\\text { Philosophy } & 205 \\\text { Engineering } & 86 \\\text { Business } & 176 \\\text { Chemistry } & 222\end{array}$$

• A) 0.472
• B) 0.528
• C) 0.248
• D) 0.224

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, or insurance premiums.

Negative Returns

A situation in which an increase in the amount of inputs used leads to a decrease in the level of output, often seen in cases of over-investment or inefficient production processes.

Worker

An individual who performs tasks or services for compensation; an employee.

Variable Cost

Costs that change in proportion to the activity or volume of output in production, such as raw materials and direct labor costs.