The Table Below Shows the Soft Drinks Preferences of People

question 62

Multiple Choice

The table below shows the soft drinks preferences of people in three age groups. $\begin{array}{r|ccc} & \text { cola } & \text { root beer } & \text { lemon-lime } \\\hline \text { under 21 years of age } & 40 & 25 & 20 \\\text { between 21 and 40 } & 35 & 20 & 30 \\\text { over 40 years of age } & 20 & 30 & 35\end{array}$
If one of the 255 subjects is randomly selected, find the probability that the person is over 40 years of age.

• A) \(\frac { 3 } { 5 }\)
• B) \(\frac { 2 } { 5 }\)
• C) \(\frac { 1 } { 3 }\)
• D) \(\frac { 1 } { 2 }\)

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Definitions:

Negotiability

The feature of a financial instrument that allows it to be transferred or assigned freely from one party to another.

Default

Failure to fulfill a legal obligation, especially failing to make a required payment on a loan or financial agreement.

Time Instrument

A financial document or negotiable instrument that promises payment of a certain sum of money at a future date, as opposed to on demand.

Payment

A financial transaction where money is transferred in exchange for goods or services.