Give the Probability That the Roll of a Die Will $\frac { 1 } { 3 }$

question 521

Multiple Choice

Give the probability that the roll of a die will show 3 or 5.

• A) \(\frac { 1 } { 3 }\)
• B) \(\frac { 1 } { 2 }\)
• C) 2
• D) \(\frac { 5 } { 6 }\)

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Definitions:

Optimistic Assumptions

Assumptions made under the most favorable conditions, often used in forecasting or planning to predict the best-case scenario outcomes.

Pro Forma

A method of calculating financial results using hypothetical income and expenses, often used for planning or projective statements.

Financial Planning

The process of framing objectives, policies, procedures, budgets, and financial forecasts for a specific time frame.

Sustainable Growth Rate

The maximum rate at which a company can grow its revenues and profits while maintaining a consistent return on equity and without raising additional equity financing.