Scenario: the Rules of a Roulette Game with Pockets Numbered

question 94

Multiple Choice

Scenario: The rules of a roulette game with pockets numbered from 1 to 100 are such that if the ball ends in a pocket with an even number, the player wins $300. However, if the ball ends in a pocket with an odd number, he loses $200.
-Refer to the scenario above.What is the probability of winning?

• A) 10 percent
• B) 20 percent
• C) 50 percent
• D) 80 percent

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Definitions:

Projected Future Sales

An estimate of the amount of sales or revenues that a company expects to achieve in a future period.

Debt-Equity Ratio

An index showing the relative financing contribution of equity and debt to a company's assets.

Growth Rate

The rate at which a company's sales, earnings, dividends, or other financial indicators increase over a period of time.