Compute Theoretical Probability
-Two 6-Sided Dice Are Rolled $\frac { 1 } { 18 }$

question 86

Multiple Choice

Compute Theoretical Probability
-Two 6-sided dice are rolled. What is the probability the sum of the two numbers on the die will be 3 ?

• A) \(\frac { 1 } { 18 }\)
• B) \(\frac { 1 } { 2 }\)
• C) \(\frac { 17 } { 18 }\)
• D) 2

---

Definitions:

Bargain Purchase Option

A clause in a lease agreement that allows the lessee the option to purchase the leased asset at a price below its expected fair market value.

Executory Costs

Executory costs are the ongoing operating expenses in a lease agreement, such as insurance, maintenance, and property taxes, usually borne by the lessee.

Capital Lease

A lease treated as an acquisition of an asset and the incurrence of an obligation on the lessee's balance sheet, indicating a purchase and financing arrangement.

Lease Liability

An obligation representing the present value of future lease payments under a non-cancellable lease.