The Following Distribution Table Represents Preferences for Two Types of Cereals

question 79

Multiple Choice

The following distribution table represents preferences for two types of cereals by 2,000 boys and
Girls.
What is the probability that an individual, whether a boy or girl, prefers nutty cereal?

• A) 500/1,000
• B) 500/2,000
• C) 1,200/2,000
• D) 500/1,200
• E) 800/2000

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Definitions:

Terms of Sale

The conditions under which a seller is willing to sell a product or service, including price, payment method, and delivery time.

Prompt Payment Discount

A reduction in the amount due on a bill offered by a seller to encourage early payment by the buyer.

Operating Cycle

The total time it takes for a company to purchase inventory, sell the products, and collect the cash from the sales.

Cash Cycle

The period it takes for a company to convert its investments in inventory and other resources into cash flows from sales.