Estimate the Probability of the Event

question 64

Multiple Choice

Estimate the probability of the event
-In a certain class of students, there are 9 boys from Wilmette, 5 girls from Kenilworth, 7 girls from Wilmette, 6 boys from Glencoe, 5 boys from Kenilworth and 3 girls from Glenoce. If the teacher calls upon a student to answer a question, what is the probability that the student will be from Kenilworth?

• A)0.25
• B)0.37
• C)0.286
• D)0.143

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Definitions:

Direct Materials

Materials and supplies directly used in the manufacturing of a product and can be directly traced to the finished product.

Standard Cost Card

A document that details the standard quantities and costs of materials, labor, and overhead for a specific product.

Fixed Manufacturing Overhead

These are the production costs that do not change with the volume of production, such as rent, salaries, and insurance.

Direct Labor Costs

Expenses that can be directly traced to the production of goods or services, including wages of workers who are physically involved in creating a product.