Solve the Problem. -In the City of Gloomville, the Probability of Rain on of Rain

question 50

Multiple Choice

Solve the problem.
-In the city of Gloomville, the probability of rain on New Yearʹs Day is 60%. What is the probability thatnext New Yearʹs Day it will not rain in Gloomville?

• A)40%
• B)60%
• C)-60%
• D)36%

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Definitions:

Budget Line

An illustrative chart showing every possible pair of two items that a specific budget and set prices allow to be acquired.

Labor Income

Earnings derived from work or employment, including wages, salaries, bonuses, and other compensation.

Tax Rate

The percentage at which an individual or corporation is taxed, often applied to income or transactions.

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