Recently, Many States Have Been Considering Legalizing the Use of Marijuana

question 2

Multiple Choice

Recently, many states have been considering legalizing the use of marijuana. A survey was taken last year where adults in one state were asked if they favored legalizing the use of marijuana. The following table displays the percentage of adults in the state who favor and who do not favor the legalization of marijuana for both males and females: Choose the reason(s) why you cannot perform a chi-square test on the data.

• A)The percentages do not add up to 100%.
• B)There is not enough information to convert the percentages to counts.
• C)The samples were not randomly selected
• D)All of the above

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Definitions:

Intrinsic Value

The perceived or calculated true value of an asset, investment, or company based on fundamental analysis.

Free Cash Flow (FCF)

Cash generated by a company after deducting capital expenditures from its operating cash flow, available for debt repayment, dividends, or reinvestment.

Weighted Average Cost of Capital (WACC)

A calculation that reflects the cost of a company to finance its operations through a mix of debt and equity, considering the cost of each capital component.

Intrinsic Value

The true, inherent value of an asset, determined through fundamental analysis without reference to its market value.