In a Class of 30 Students, 18 Are Men, 6

question 199

Multiple Choice

In a class of 30 students, 18 are men, 6 are earning a B, and no men are earning a B. If a student is randomly selected from the class, find the probability that the student is a man or earning a B.

• A) .24
• B) .4
• C) .54
• D) .8

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Definitions:

Indemnity

Protection or security against financial liability or loss.

Personal Property Security Act

Legislation that provides a legal framework for the creation and registration of security interests in personal property (assets other than real estate) to secure payment or performance of an obligation.

Guaranteed

A promise or assurance, often backed by an entity or document, that certain conditions will be fulfilled or met.

Security Interest

A legal claim or right granted over an asset to secure the performance of an obligation, typically repayment of a loan.