Compute the Probability of an Event Using the Complement Rule

question 224

Multiple Choice

Compute the Probability of an Event Using the Complement Rule
-The chart shows the probability of a certain disease for men by age. What is the probability that a randomly selected man between the ages of 35 and 64 has the disease?
$\begin{array}{l|l}\text { Age } & \text { Probability of Disease } X \\\hline 20-24 & \text { less than } 0.008 \\25-34 & 0.009 \\35-44 & 0.14 \\45-54 & 0.39 \\55-64 & 0.42 \\65-74 & 0.67 \\75+ & 0.79\end{array}$

• A) \(0.95\)
• B) \(0.14\)
• C) \(0.42\)
• D) \(0.58\)

Understand the key issuers of debt and their impact on the economy.

Identify and describe the recommended financial statements for government presentation as per the PSAB.

Differentiate between financial and non-financial assets in government accounting.

Recognize the objectives and non-objectives of financial statements for public sector entities.

---

Definitions:

Fund Providers

Entities or individuals that supply capital or resources to investments, projects, or businesses.

Sole Proprietorships

A business owned and operated by a single individual with no distinction between the business and owner.

Tax Advantage

Financial benefits that apply to certain accounts or investments which are provided to encourage specific behaviors, such as saving for retirement. These advantages can lead to a reduction in tax liability.

Personal Liabilities

Debts or obligations that an individual is responsible for, as opposed to those belonging to businesses or governmental entities.