The Table Shows the Number of Each Ford Car Sold $A$

question 177

Essay

The table shows the number of each Ford car sold in the United States in June. Suppose
the sales record for one of these cars is randomly selected and the type of car is identified.

Events $A$ and $B$ are defined as follows.
A: {Convertible, SUV, Van}
B: : {Fewer than 10,000 of the type of car were sold in June}

Is $P ( A \cup B )$ equal to the sum of $P ( A )$ and $P ( B )$ ? Explain.

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Definitions:

Auditor's Report

A formal opinion issued by an auditor based on an audit of a company's financial statements, attesting to their accuracy.

Dividends Per Share

The amount of money paid out in dividends to shareholders per share of stock held.

Profitability

A measure of the efficiency and effectiveness of a company in generating profits from its operations, typically expressed as a percentage of revenues.

Debt and Equity

Debt and Equity are the two primary ways companies finance their activities, with debt referring to borrowed money to be repaid and equity representing ownership interests in the company.