Find the Indicated Probability If One of the 255 Subjects Is Randomly Selected, Find

question 37

Multiple Choice

Find the indicated probability.
-The table below shows the soft drinks preferences of people in three age groups. $\begin{array}{r|ccc} & \text { cola } & \text { root beer } & \text { lemon-lime } \\\hline \text { under 21 years of age } & 40 & 25 & 20 \\\text { between 21 and 40 } & 35 & 20 & 30 \\\text { over 40 years of age } & 20 & 30 & 35\end{array}$

If one of the 255 subjects is randomly selected, find the probability that the person drinks root beer given that they are over 40 .

• A) \(\frac { 6 } { 17 }\)
• B) \(\frac { 2 } { 17 }\)
• C) \(\frac { 2 } { 5 }\)
• D) None of the above is correct.

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Definitions:

Preferred Stock

A type of stock that gives its holders preference over common stockholders in terms of dividend payments and assets during liquidation.

Capital Structure

The mix of debt and equity financing a company uses to fund its operations and growth.

Noncontrolling Interest

An ownership interest in a subsidiary not attributable, directly or indirectly, to the parent company, reflecting the equity in a subsidiary not owned by the parent.

Subsidiary

A company that is controlled by another company, known as a parent company, through the ownership of more than half of its voting stock.