You Are Given the Probability That an Event Will Happen $P ( E ) = 0.33$

question 60

Multiple Choice

You are given the probability that an event will happen. Find the probability that the event will not happen.
$P ( E ) = 0.33$

• A) \(0.33\)
• B) \(0.67\)
• C) \(0.335\)
• D) 0
• E) 1

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Definitions:

Stock Dividend

A stock dividend is a payment made in the form of additional shares of the company's stock rather than cash.

Shares Outstanding

Shares outstanding refer to the total number of shares of a corporation's stock that are owned by shareholders at any given time, including those held by institutional investors and restricted shares held by insiders.

Reverse Stock Split

A corporate action where a company reduces its total number of shares outstanding, thereby increasing the value of each remaining share.

Market Price

The present cost at which a service or asset is available for purchase or sale in the financial marketplace.