Use the Data Given Below to Answer the Following Question(s) $X$

question 29

Multiple Choice

Use the data given below to answer the following question(s) .
In an event $X$ , the probability of rolling a sum of 8 on two dice is $\frac{5}{36}$ while the probability of rolling an 11 is $\frac{2}{36}$ . In another event $Y$ , the probability of rolling a 2 is $\frac{1}{36}$ , the probability of rolling a 9 is $\frac{4}{36}$ , and the probability of rolling a 4 is $\frac{3}{36}$ .
-What is probability that neither X nor Y will occur?

• A)\(\frac{29}{26}\)
• B)\(\frac{1}{36}\)
• C)\(\frac{28}{36}\)
• D)\(\frac{21}{36}\)

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Definitions:

Expected Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, as anticipated by consumers, businesses, and investors.

Required Return

The minimum rate of return on an investment that investors expect to compensate them for the level of risk.

Beta

A measure of a stock's volatility relative to the overall market, indicating its risk compared to the market average.

Risk-free Rate

The return on investment with no risk of financial loss, often represented by the yield on government securities.