Find the Indicated Probability $P ( 3$ Or $5 )$
A) $\frac { 1 } { 36 }$

question 156

Multiple Choice

Find the indicated probability.
-A 6-sided die is rolled. Find $P ( 3$ or $5 )$ .

• A) \(\frac { 1 } { 36 }\)
• B) \(\frac { 1 } { 6 }\)
• C) \(\frac { 1 } { 3 }\)
• D) 2

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Definitions:

Denominator Level

In cost accounting, it refers to the base level of activity or volume used to calculate fixed costs per unit.

Standard Hours

The expected amount of time it should take to complete a task or process under normal conditions.

Target Denominator Level

A predetermined level of activity (such as machine-hours or labor-hours) used to allocate fixed overhead costs to individual units of production.

Volume Variance

A metric that measures the difference between the budgeted and actual volume of production or sales, often reflecting changes in demand or efficiency.