THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 74

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
A computer store receives a shipment of 14 computers,5 of which already have modems installed.Unfortunately,the boxes are not labeled so you are unsure which computers have modems.Assume you select 4 computers.
-What is the probability that no more than two of them have modems?

• A)0.802
• B)0.871
• C)0.834
• D)0.905

---

Definitions:

Straight-Line Depreciation

A method of allocating the cost of a physical asset evenly over its useful life.

Average Rate of Return

The ratio of the average annual profit to the initial investment, expressed as a percentage, used to assess the profitability of an investment.

Estimated Annual Net Income

The projection of a company's net income over the course of a future year, based on current trends and expectations.

Straight-Line Depreciation

A way of allocating the expenditure of a physical asset in uniform annual installments over its lifespan.