Which Figures Reflect the Current Size and the Growth in Hispanic-Owned

question 9

Multiple Choice

Which figures reflect the current size and the growth in Hispanic-owned businesses for the last five years?

• A) 2.25 million and 31 percent
• B) 2.75 million and 41 percent
• C) 3.15 million and 71 percent
• D) 3.55 million and 81 percent
• E) 4.25 million and 85 percent

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Definitions:

Expected Utility

A theory in economics that calculates the utility of an entity based on the probabilistic outcomes of its choices.

Probability

A numerical expression between 0 and 1 that quantifies the probability of an event happening.

Expected Total Utility

The anticipated satisfaction or benefit a consumer will derive from the consumption of goods or services.

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.