Find the Indicated Probability $\frac { 2 } { 13 }$

question 135

Multiple Choice

Find the indicated probability.
-A card is drawn from a well-shuffled deck of 52 cards. Find P(drawing an ace or a 9) .

• A) 10
• B) \(\frac { 2 } { 13 }\)
• C) \(\frac { 13 } { 2 }\)
• D) \(\frac { 5 } { 13 }\)

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Definitions:

Perfectly Inelastic

Describes a situation in demand or supply where the quantity demanded or supplied does not change in response to a price change.

Demand Schedule

A table that shows the quantity of a good that consumers are willing to buy at different prices.

Parallel

Lines or paths that remain the same distance apart at every point, never meeting or intersecting.

Elasticity Coefficient

A numerical value that measures the responsiveness of the quantity demanded or supplied of a product to a change in one of its determinants, such as price or income.