While Rolling Two Dice, What Is the Probability of Rolling $\frac{7}{12}$

question 25

Multiple Choice

While rolling two dice, what is the probability of rolling a sum of 7 or more?

• A) \(\frac{7}{12}\)
• B) \(\frac{5}{9}\)
• C) \(\frac{1}{6}\)
• D) \(\frac{5}{36}\)

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Definitions:

Common Stock

Equity ownership in a corporation, with rights to vote on corporate matters and receive dividends.

Accounts Payable

Obligations or amounts owed by a business to suppliers or vendors for goods and services received.

Inventory

The goods and materials a business holds for the ultimate goal of resale or production.

Amortization

The process of spreading out a loan into a series of fixed payments over time, which includes both principal and interest.