Compute Probabilities Involving Permutations and Combinations
-A Committee Consisting of 6

question 218

Multiple Choice

Compute Probabilities Involving Permutations and Combinations
-A committee consisting of 6 people is to be selected from eight parents and four teachers. Find the probability of selecting three parents and three teachers.

• A) \(\frac { 8 } { 33 }\)
• B) \(\frac { 2 } { 33 }\)
• C) \(\frac { 100 } { 231 }\)
• D) \(\frac { 10 } { 11 }\)

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Definitions:

Equity Method

A method where an investment is initially recorded at cost and subsequently adjusted for the investor's proportionate share in the net assets of the investee, recognizing income or loss.

Intercompany Sale

Transactions that occur between two divisions or subsidiaries within the same parent company, often for the purpose of transferring goods or services.

Pre-tax Gain

Income generated before any taxes have been applied.

Investment Account

An account held at a financial institution that is used for holding and trading investments such as stocks, bonds, and mutual funds.