Solve the Problem. -In a Survey About the Number of Siblings of College

question 108

Multiple Choice

Solve the problem.
-In a survey about the number of siblings of college students, the following probability table was constructed What is the probability that a student has less than 2 siblings?

• A)0.58
• B)0.23
• C)0.77
• D)0.19

Realize the importance and utility of the internet in monitoring investment prices.

Identify the necessity of ongoing evaluation and record-keeping in investment management.

Grasp the role of employer-sponsored retirement programs in personal finance.

Comprehend the various risks associated with investing, including interest rate, market, inflation, and business failure risks.

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Definitions:

Per Capita

A statistical measure that divides an aggregate amount by the number of units or individuals to determine the average amount per person.

Lineal Heirs

Direct descendants of an individual, such as children, grandchildren, and so forth, who may inherit from an estate.

Collateral Heirs

Individuals entitled to inherit a deceased person's estate in the absence of direct descendants or other primary beneficiaries, often including distant relatives.

Statutory Formalities

The specific procedures or requirements mandated by law for certain actions to be legally valid, such as signings, notifications, or registrations.