In a Class of 30 Students, 18 Are Men, 6 $\frac { 3 } { 5 }$

question 41

Multiple Choice

In a class of 30 students, 18 are men, 6 are earning a B, and no men are earning a B. If a student is randomly selected from the class, find the probability that the student is a man given that the
Student earning a B.

• A) 0
• B) \(\frac { 3 } { 5 }\)
• C) 1
• D) \(\frac { 1 } { 3 }\)

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Definitions:

Communist Central Planning

A system where the government makes all decisions about the production and allocation of goods and services in an economy.

Personal Gain

The benefit or advantage one receives or aims to receive from an action or investment, often measured in terms of financial or personal satisfaction.

Market System

A system of economics where the choices about investment, production, and distribution rely on the principles of supply and demand, and the pricing of goods and services is established freely in the market.

Business Risk

The potential for losses or less than expected returns stemming from the operational aspects of a business.