A Student Has Decided to Study at a Local Coffee

question 88

Short Answer

A student has decided to study at a local coffee shop. After some time, she gets hungry. There are two beverages available: tea and coffee and three bakery items: donuts, muffins and bagels. Define the following events:
C = {student gets coffee to drink}
T = {student gets tea to drink}
D = {student gets a donut to eat}
M = {student gets a muffin to eat}
B = {student gets a bagel to eat}
a. She decides she wants to get one item to eat and one item to drink. List the elements in the sample space S.
____________________________
b. If each combination is equally likely, what is the probability the student gets coffee and a bagel?
______________
c. If each combination is equally likely, what is the probability the student gets a muffin and coffee or tea?
______________
d. If each combination is equally likely, what is the probability the student does not get a donut?
______________

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Definitions:

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders but not retired, held in the company's treasury.

Net Income

Represents the amount of money that remains from revenues after all the firm's expenses, taxes, and costs are subtracted over a specific period.

Stockholders' Equity

Stockholders' Equity represents the ownership interest of shareholders in a corporation, calculated as the difference between total assets and total liabilities.

Par Value

The nominal or face value of a bond, share, or coupon as stated by the issuer, often used in the context of bonds and stock.