Use the Addition Rule or the Multiplication Rule for Probability

question 23

Multiple Choice

Use the addition rule or the multiplication rule for probability.
-It has been reported that men are more likely than women to participate in online
Auctions. In a recent survey, 65% of respondents reported that they had participated in an
Online auction. In this same survey, 45% of respondents were men and 38% were men
Who had participated in online auctions. What is the probability that a respondent
Selected at random is female and has never participated in an online auction?

• A) 0.62
• B) 0.72
• C) 0.38
• D) 0.28
• E) 0.07

---

Definitions:

Small Farmer

An individual who manages and operates a small agricultural plot or farm, typically emphasizing sustainability and self-sufficiency.

Exports

Exports are goods or services produced in one country and sold to buyers in another country, contributing to a country's economic output.

Inflation Rate

The rate of growth in the general pricing for goods and services, which inversely affects purchasing capacity.

Stock Market

A public market for buying and selling company stocks and securities, facilitating equity investment and price discovery.