Compute Theoretical Probability
-A Bag Contains 13 Balls Numbered 1 $\frac { 6 } { 13 }$

question 116

Multiple Choice

Compute Theoretical Probability
-A bag contains 13 balls numbered 1 through 13. What is the probability of selecting a ball that has an even number when one ball is drawn from the bag?

• A) \(\frac { 6 } { 13 }\)
• B) \(\frac { 13 } { 6 }\)
• C) \(\frac { 2 } { 13 }\)
• D) 6

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Definitions:

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets financed by its shareholders' equity.

Total Asset Turnover

An analysis ratio that evaluates the effectiveness of a corporation's assets in producing sales turnover.

Liquidity Ratio

Financial metrics used to assess a company's ability to meet its short-term obligations using its most liquid assets.

Net Working Capital Turnover

A ratio that measures how effectively a company uses its net working capital to generate sales.