Find the Indicated Probability $\frac { 4 } { 13 }$

question 40

Multiple Choice

Find the indicated probability.
-A card is drawn from a well-shuffled deck of 52 cards. Find P(drawing a face card or a 4) .

• A) 16
• B) \(\frac { 4 } { 13 }\)
• C) \(\frac { 12 } { 13 }\)
• D) \(\frac { 2 } { 13 }\)

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Definitions:

Homemade Dividend

A concept where investors create their own dividend stream by selling a portion of their portfolio of equities instead of relying on company-issued dividends.

Dividend Policy

A company's stance on distributing profits back to shareholders in the form of dividends versus reinvesting them in the business.

Cash Flow

The total amount of money being transferred into and out of a business, considered essential for its health and operations.