Find the Indicated Probability by Using the Complementation Rule What Is the Probability That a Randomly Selected Degree Is

question 65

Multiple Choice

Find the indicated probability by using the complementation rule.
-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 Mathematics?

• A)0.303
• B)0.682
• C)0.768
• D)0.232

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Definitions:

Managerial Accounting

The field of accounting that focuses on providing information to managers for use in planning, decision-making, and operational control.

External Users

Individuals or entities outside of a company who use its financial statements, such as investors or creditors.

Internal Users

These are individuals or groups within an organization who use financial and other data in directing and controlling its operations; they include management, employees, and internal auditors.

Cost of Goods Sold

The costs directly related to the manufacturing of products sold by a business, which encompass both materials and labor expenses.