Solve the Problem $\frac { 2 } { 7 }$ B) $\frac { 1 } { 49 }$

question 196

Multiple Choice

Solve the problem.
-A song is selected at random from a jukebox containing 30 rock/pop songs, 12 country songs, and 7 classical pieces.
Find the probability: P(selecting a country song)

• A) \(\frac { 2 } { 7 }\)
• B) \(\frac { 1 } { 49 }\)
• C) \(\frac { 1 } { 12 }\)
• D) \(\frac { 12 } { 49 }\)

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Definitions:

Solvency

A measure of a company's ability to meet its long-term financial obligations, reflecting its financial stability and health.

Profitability Analysis

Evaluation of a company's ability to generate profits from its operations, typically assessed through various financial metrics and ratios.

Profitability Analysis

An assessment process to determine the ability of a business to generate earnings as compared to its expenses and other relevant costs incurred during a specific period.

Net Income

The total profit of a company after all expenses, including taxes and costs, have been subtracted from total revenue.