Suppose Two Dice, One Blue and One Red, Are Rolled

question 90

Multiple Choice

Suppose two dice, one blue and one red, are rolled and the outcomes of each are recorded. We define the following two events:
A: sum of the roll is 7
B. the result of the blue die is a number greater than 4
Are the two events, A and B, independent events?

• A) No
• B) Yes

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Definitions:

Income Statement Account

An income statement account is a financial account that reflects income, expenses, gains, and losses over a period, used to calculate net income.

Stock Dividend

A distribution of additional shares of a company to its shareholders instead of paying cash dividends, often used to conserve cash while still rewarding investors.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which often bears no relation to its market value.

Common Stock Dividends Distributable

A liability account that represents dividends declared by a company but not yet distributed to shareholders.