A Dodecahedral Die Has 12 Sides Numbered from 1 to 12

question 24

Multiple Choice

A dodecahedral die has 12 sides numbered from 1 to 12. The die is rolled once.
a. What is the probability that the upward face shows a number divisible by 2?
b. What is the probability that the upward face shows a number that is a multiple of 11?

• A) (a) \(\frac { 1 } { 2 }\) ; (b) \(\frac { 1 } { 12 }\)
• B) (a) \(\frac { 1 } { 4 }\) ; (b) \(\frac { 1 } { 24 }\)
• C) (a) \(\frac { 1 } { 4 }\) ; (b) \(\frac { 1 } { 12 }\)
• D) (a) \(\frac { 1 } { 2 }\) ; (b) \(\frac { 1 } { 24 }\)
• E) (a) \(\frac { 1 } { 2 }\) ; (b) \(\frac { 1 } { 6 }\)

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Definitions:

Net Assets

The difference between total assets and total liabilities, representing the owner's equity in a company.

Residual Interest

The remaining interest in assets after all other claims have been satisfied, often related to securitization transactions.

Expected Exit Value

The anticipated amount to be received from an investment at the point of exit, such as selling an asset or closing a position.

Fair Value

An estimate of the market value of an asset or liability, based on current market prices.