Solve the Problem. -What Are the Odds in Favor of Drawing a Number

question 24

Multiple Choice

Solve the problem.
-What are the odds in favor of drawing a number greater than 2 from these cards?

• A) 3 to 5
• B) 3 to 2
• C) 4 to 1
• D) 4 to 5

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Definitions:

Rate of Return

The percentage gain or loss on an investment over a specified period.

Investor

An individual or entity that allocates money into a financial venture with the expectation of receiving future financial returns.

Contract Value

The total worth or financial commitment of a contract, encompassing all terms, services, or products agreed upon.

Earn

To receive money or another form of payment in exchange for services provided or through investment.