Find the Indicated Probability
-On a Multiple Choice Test, Each $\frac { 1 } { 7 }$

question 167

Multiple Choice

Find the indicated probability
-On a multiple choice test, each question has 7 possible answers. If you make a random guess on the first question, what is the probability that you are correct?

• A) 0
• B) \(\frac { 1 } { 7 }\)
• C) 7
• D) 1

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Definitions:

Work Week

A work week refers to the standard period of time during which an employee is expected to work, usually defined by the employer, and often consisting of 40 hours.

FICA-OASDI

Taxes collected under the Federal Insurance Contributions Act for Old Age, Survivors, and Disability Insurance, commonly known as Social Security.

Cumulative Earnings

The total amount of net income a company has earned over a specific period until the present date, not including dividends.

FICA-OASDI

The Federal Insurance Contributions Act - Old-Age, Survivors, and Disability Insurance, a payroll tax that funds Social Security and Medicare in the United States.