You Are Given the Probability That an Event Will Happen

question 57

Multiple Choice

You are given the probability that an event will happen. Find the probability that the event will not happen. P(E) = 0.29

• A)0.29
• B)0.71
• C)0.355
• D)0
• E)1

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Definitions:

Cash

Liquid assets held in the form of currency or bank accounts that can be readily used for transactions.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services.

Partners' Investments

The capital contributed by partners into a partnership for its operation and growth.

Owners' Equity

Owners' equity, similar to stockholders' equity, is the proportion of a company's total value that belongs to its owners or shareholders, reflecting the net assets after liabilities have been deducted.