According to the National Telecommunication and Information Administration, 50

question 364

Multiple Choice

According to the National Telecommunication and Information Administration, 50.5% of U.S.
Households had Internet access in 2001. What is the probability that four randomly selected U.S.
Households all had Internet access in 2001?

• A) 6.5%
• B) 50.5%
• C) 93.5%
• D) 49.5%
• E) 12.6%

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Definitions:

Gain or Loss

Refers to the financial result of a transaction where assets exceed liabilities (gain) or liabilities exceed assets (loss).

Disposal

The process of getting rid of an asset or substance, which can involve selling, recycling, or throwing away.

Book Value

The net value of a company's assets, subtracting liabilities and generally expressed on a per-share basis.

Book Value

The net value of an asset reported on the balance sheet, calculated as the asset's cost minus accumulated depreciation.