Examlex

Solved

TABLE 4-1 Mothers Against Drunk Driving Is a Very Visible Group Whose

question 166

Multiple Choice

TABLE 4-1
Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers. A study was recently done that emphasized the problem we all face with drinking and driving. Four hundred accidents that occurred on a Saturday night were analyzed. Two items noted were the number of vehicles involved and whether alcohol played a role in the accident. The numbers are shown below:
TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers. A study was recently done that emphasized the problem we all face with drinking and driving. Four hundred accidents that occurred on a Saturday night were analyzed. Two items noted were the number of vehicles involved and whether alcohol played a role in the accident. The numbers are shown below:    -Referring to Table 4-1, what proportion of accidents involved alcohol or a single vehicle? A)  25/400 or 6.25% B)  50/400 or 12.5% C)  195/400 or 48.75% D)  245/400 or 61.25%
-Referring to Table 4-1, what proportion of accidents involved alcohol or a single vehicle?


Definitions:

Expected Rate of Return

The anticipated amount of profit or loss an investment is projected to generate, expressed as a percentage of the initial investment.

Fast-Second Strategy

A business approach where companies wait and learn from the market pioneers' experiences before entering the market with a more refined or targeted product.

Dominant Firm

A company with a substantial market share and the power to influence market conditions, often setting prices or standards within the industry.

Industry

Industry refers to a group of companies that operate in a similar segment of the economy or share a similar business type, often categorized by their primary business activities.

Related Questions