Consider a Collection of 240 Snakes Where 40 of Them

question 16

Multiple Choice

Consider a collection of 240 snakes where 40 of them are cobras, 60 are rattlesnakes, 60 are boas, and 80 are anacondas. Cobras and rattle snakes are venomous, whereas boas and anacondas are not. If a snake is randomly chosen from this population, what is the probability it will be a boa?

• A) 0.167
• B) 0.250
• C) 0.333
• D) 0.600

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Definitions:

Farm Subsidies

Financial support from governments to farmers to help stabilize food prices, ensure a steady food supply, and support agricultural sectors.

Rent-Seeking Activity

Economic activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulation or exploitation of resources.

Food-Stamp Program

A U.S. federal aid program, now known as the Supplemental Nutrition Assistance Program (SNAP), that provides food-purchasing assistance for low- and no-income people.

Farm Subsidies

Government payments provided to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such goods.