Solve the Problem $\frac { 1 } { 3 }$ B) $\frac { 1 } { 4 }$

question 30

Multiple Choice

Solve the problem.
-A box contains 4 slips of paper, on each of which is written the number 1, 2, 3, or 4, respectively. A slip is drawn, and the number on it is noted. That slip is put aside, and another slip is drawn and
The number on it noted. What is the probability that
a) the sum of the two numbers is 5?
b) the first number drawn is a 2 and the second number is not 5?
c) the sum of the two numbers is not 10?

• A) a) \(\frac { 1 } { 3 }\) b) \(\frac { 1 } { 4 }\) c) 0
• B) a) \(\frac { 1 } { 4 }\) b) \(\frac { 1 } { 3 }\) c) 1
• C) a) \(\frac { 1 } { 3 }\) b) \(\frac { 1 } { 4 }\) c) 1
• D) a) \(\frac { 1 } { 4 }\) b) \(\frac { 1 } { 3 }\) c) 0

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Definitions:

Stock Dividend

A form of dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.

Large Stock Dividend

A dividend payment made in the form of additional shares rather than cash, usually representing a significant increase in a company's share base.

Price-earnings Ratio

A ratio for valuing a company that measures its current share price relative to its per-share earnings.

Weighted-average Shares

A calculation used in finance to adjust the number of outstanding shares for changes over a reporting period, impacting earnings per share calculations.