Compute Theoretical Probability
-A 6-Sided Die Is Rolled $\frac { 1 } { 3 }$

question 233

Multiple Choice

Compute Theoretical Probability
-A 6-sided die is rolled. What is the probability of rolling a number less than 3 ?

• A) \(\frac { 1 } { 3 }\)
• B) \(\frac { 1 } { 2 }\)
• C) \(\frac { 2 } { 3 }\)
• D) \(\frac { 1 } { 6 }\)

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Definitions:

Sales

The total revenue generated from goods or services sold by a company during a particular period.

Combined Residual Income

The total leftover income from various projects or divisions after accounting for required rate of return or capital costs.

Required Rate Of Return

The minimum expected yield by investors to justify the risk of an investment.

Investment Opportunity

An investment opportunity refers to potentially lucrative financial ventures or assets that individuals or entities can invest in, aiming for future monetary returns.