Express the Indicated Degree of Likelihood as a Probability Value

question 70

Multiple Choice

Express the indicated degree of likelihood as a probability value.
-"There is a 40% chance of rain tomorrow."

• A) 40
• B) 0.40
• C) 0.60
• D) 4

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Definitions:

Federal Securities Acts

Laws enacted by the U.S. federal government designed to regulate the securities industry and protect investors from fraudulent practices.

Significant Losses

Large or impactful financial, material, or reputational reductions experienced by individuals, organizations, or entities.

Private Securities Litigation Reform Act

A 1995 United States federal law that increased the standards for initiating securities fraud litigation to protect companies from frivolous lawsuits.

Illegal Conduct

Activities or actions that are forbidden by law, regulations, or statutes.