Find the Indicated Probability

question 13

Multiple Choice

Find the indicated probability
-A multiple choice question has 16 possible answers, only one of which is correct. Is it "unusual" to answer a question correctly if a random guess is made?

• A)No
• B)Yes

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold.

Water Policy

Regulations and standards governing the use, management, and conservation of water resources to ensure sustainability and equitable access.

Cubic Feet

A unit of volume measurement in the imperial system, used to quantify the space an object occupies, often represented as ft³.

Sales Commission

A payment made to sales personnel, often calculated as a percentage of the sales they generate.