Find the Indicated Probability If One of the 87 Flights Is Randomly Selected, Find

question 59

Multiple Choice

Find the indicated probability. Express your answer as a simplified fraction unless otherwise noted.
-The following table contains data from a study of two airlines which fly to Small Town, USA. $$\begin{array} { c | c c } &{ \text { Number of flights Number of flights } } \\& \text { which were on time } & \text { which were late } \\\hline \text { Podunk Airlines } & 33 & 6 \\\text { Upstate Airlines } & 43 & 5\end{array}$$ If one of the 87 flights is randomly selected, find the probability that the flight selected is an Upstate Airlines flight which was on time.

• A) \(\frac { 11 } { 76 }\)
• B) \(\frac { 43 } { 76 }\)
• C) \(\frac { 43 } { 87 }\)
• D) None of the above is correct.

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Definitions:

Ratio

The quantitative relation between two amounts showing the number of times one value contains or is contained within the other.

Preferred Equity

A type of equity which is ranked higher than common stock and usually has fixed dividend payments.

Common Equity

Common equity represents the ownership interest in a company held by common shareholders, as reflected in the company's equity capital.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest values through common factor division.