Cross County Bicycles Makes Two Mountain Bike Models That Each

question 39

Multiple Choice

Cross County Bicycles makes two mountain bike models that each come in three colors.The following table shows the production volumes for last week: Based on the relative frequency assessment method,what is the probability that a manufactured item is brown?

• A)0.2088
• B)0.3819
• C)0.3157
• D)0.1324

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Definitions:

Fraud

Consciously tricking someone in order to gain illicitly or to rob a victim of their rightful due.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or confidential information.

Duress

Compulsion, force, or pressure exerted upon a person to coerce them into performing an act against their will or judgment.

Public Policy

Principals and standards considered to be in the interests of the public and used as a guide for lawmaking.