Find the Conditional Probability

question 69

Multiple Choice

Find the conditional probability.
-If a single fair die is rolled, find the probability of a 5 given that the number rolled is odd.

• A)0.333
• B)0.5
• C)0.667
• D)0.167

Understand the impacts of economic forces on organizational strategies and operations.

Acknowledge the diverse workforce characteristics of different generations and their implications for human resource management.

Understand the basics of product cost calculation including direct materials, direct labor, and overhead costs.

Learn how to calculate net operating income and understand its implications for business decision-making.

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Definitions:

Bad Debt Expense

The cost associated with accounts receivable that a company does not expect to collect because customers default on their payments.

Note Duration

The length of time until a promissory note, or loan agreement, is due to be paid in full.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, indicating its worth at issuance.

Interest Rate

The percentage charged on the total amount of borrowed money or paid on investments, over a specific period of time.