The Distribution of B What Is the Probability That a Randomly Selected Degree Is

question 43

Multiple Choice

The distribution of B.A. degrees conferred by a local college is listed below, by major. $$\begin{array} { l r } \underline { \text { Major } } & \text { Frequency } \\\text { English } & 2073 \\\text { Mathematics } & 2164 \\\text { Chemistry } & 318 \\\text { Physics } & 856 \\\text { Liberal Arts } & 1358 \\\text { Business } & 1676 \\\text { Engineering } & \frac { 868 } { 9313 }\end{array}$$ What is the probability that a randomly selected degree is not in Physics?

• A)0.092
• B)0.908
• C)0.966
• D)0.907

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Definitions:

Robinson-Patman Act

A federal law in the United States that bans practices by producers that hinder competition, particularly discriminating in pricing.

Functional Discount

A price reduction offered to channel members who perform certain functions such as selling, storing, and record-keeping.

Wholesaler

A business or person that buys goods in large quantities from manufacturers and sells them in smaller amounts to retailers, typically at lower prices.

Clayton Act

A United States antitrust law, passed in 1914, aimed at promoting competition and preventing monopolies by prohibiting certain types of anti-competitive practices.