Find the Probability $\frac { 48 } { 52 }$ C) $\frac { 2 } { 13 }$

question 58

Multiple Choice

Find the probability.
-A card is drawn from a well-shuffled deck of 52 cards. What is the probability of drawing a face card or a 3?

• A) 16
• B) \(\frac { 48 } { 52 }\)
• C) \(\frac { 2 } { 13 }\)
• D) \(\frac { 4 } { 13 }\)

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Definitions:

Ratio

A relationship of two quantities or numbers, one divided by the other.

Trend Percentage

A financial analysis tool that shows how a set of financial or quantitative data changes over time, often expressed as a percentage.

Common-size Statement

A financial statement that presents all line items as a percentage of a common base figure, facilitating comparison across time and entities.

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in using its assets to generate sales or revenue, calculated by dividing sales or revenue by the average assets.