Find the Indicated Probability A) 06
B) 0

question 180

Multiple Choice

Find the indicated probability.
-The data set represents the income levels of the members of a country club. Find the probability that a randomly selected member earns at least $77,000. Round your answers to the nearest tenth. $$\begin{array} { r r r r r r r r r r } 93,000 & 109,000 & 75,000 & 117,000 & 76,000 & 93,000 & 77,000 & 73,000 & 133,000 & 173,000 \\74,000 & 85,000 & 125,000 & 76,000 & 109,000 & 101,000 & 77,000 & 141,000 & 72,000 & 101,000\end{array}$$

• A) 0.6
• B) 0.4
• C) 0.8
• D) 0.7

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Definitions:

Accounts Receivable

Money owed to a company by its clients or customers for goods or services delivered but not yet paid for.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company’s balance sheet.

Statement of Cash Flow

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations, investment activities, and financial activities, as well as all cash outflows that pay for business activities and investments during a given period.

Operating Activities

The day-to-day actions that involve the production, sales, and delivery of a company's product or service, which are reflected in its cash flows.