In a Survey of 300 College Graduates, 46% Reported That

question 120

Multiple Choice

In a survey of 300 college graduates, 46% reported that they entered a profession closely related to their college major. If 9 of those survey subjects are randomly selected without replacement for a follow-up survey, what is the probability that 3 of them entered a profession closely related to their
College major?

• A) 0.203
• B) 0.102
• C) 0.0973
• D) 0.797

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Definitions:

Maintenance Costs

Expenses incurred in keeping an asset in working condition or restoring it to working condition.

Target Selling Price

The price at which a company aims to sell its product to achieve its financial goals.

Long Term

Refers to assets, liabilities, or investments that are expected to be held or have effects for a period longer than one year.

Normal Selling Price

Refers to the standard price at which a good or service is typically sold under normal market conditions.