Consider a Collection of 240 Snakes Where 40 of Them

question 8

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 either a boa or venomous?

• A) 0.167
• B) 0.417
• C) 0.583
• D) 0.666

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Definitions:

Lien

A lien is a legal right or claim against a property by a creditor, securing the payment of a debt or the performance of some obligation.

Negotiable Instrument

A document that promises the payment of a certain sum of money, either upon request or at a predetermined time, with the name of the individual responsible for paying included on the document.

Gift

Something voluntarily transferred by one person to another without expectation of payment or something in return.

Good Faith

An honest intention to act without taking an unfair advantage over another party, typically in negotiations or contracts.