The Cross-Tabulation Table Below Shows Partial Results from a Study

question 28

Multiple Choice

The cross-tabulation table below shows partial results from a study done at the Mt.Bachelor ski area.Patrons were asked whether they preferred snowboarding or skiing.If a person is randomly selected from the study and the person selected is over 40 years of age, how likely is it that the person selected prefers skiing?

• A).420
• B).311
• C).667
• D).125
• E).50

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Definitions:

Fair Value

Fair value is the price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Non-Controlling Interest

The portion of equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Price Per Share

The amount of money that buying one share of a company's stock will cost.

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