Find the Indicated Probability $\frac { 1 } { 11 }$

question 45

Multiple Choice

Find the indicated probability.
-A bag contains 6 red marbles, 3 blue marbles, and 5 green marbles. If a marble is randomly selected from the bag, what is the probability that it is blue?

• A) \(\frac { 1 } { 11 }\)
• B) \(\frac { 1 } { 5 }\)
• C) \(\frac { 3 } { 14 }\)
• D) \(\frac { 1 } { 3 }\)

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Definitions:

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Annual Dividend

The total dividend payment a shareholder receives from a stock over the course of a year.

Dividends Increasing

A situation where a company's dividend payouts are rising over time, often indicating financial health and profitability.

Cumulative Voting

A voting system in corporate governance that allows shareholders to allocate all their votes to one candidate, enhancing minority shareholders' ability to elect their preferred board member.