Solve the Problem $\frac { 2 } { 105 }$ B) $\frac { 2 } { 15 }$

question 161

Multiple Choice

Solve the problem.
-A traffic light is red for 40 seconds, yellow for 5 seconds, and green for 60 seconds. Find the probability: P(the light is green or yellow)

• A) \(\frac { 2 } { 105 }\)
• B) \(\frac { 2 } { 15 }\)
• C) \(\frac { 13 } { 30 }\)
• D) \(\frac { 13 } { 21 }\)

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Definitions:

Cost Method

An accounting method used for recording investments, where the investment is recorded at its acquisition cost without recognizing periodic income but dividends received are recorded as income.

Acquisition

The process of obtaining control of another company, either by purchasing its shares, assets, or both, with the aim of expanding or diversifying operations.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Significant Influence

The power to participate in the financial and operating policy decisions of a business, without having control over those policies.