Use the Following Information for Questions

question 47

Multiple Choice

Use the following information for questions
One thousand students at a city high school were classified both according to GPA and
whether or not they consistently skipped classes.Here are the breakdowns:
-What is the probability that a randomly selected student has a GPA between 2.0 and 3.0?

• A)0.025
• B)0.227
• C)0.450
• D)0.475
• E)0.506

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Definitions:

Flexible Budget

A budget that is adaptable and varies according to the changes in activity level or volume.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of taxes and interest.

Facility Expenses

Costs associated with the physical locations a business operates, including utilities, maintenance, and rent or mortgage payments.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate financial planning.