A Gumball Machine Has Just Been Filled with 50 Black,150

question 24

Multiple Choice

A gumball machine has just been filled with 50 black,150 white,100 red,and 100 yellow gumballs that have been thoroughly mixed. Sue and Jim each purchase one gumball. What is the likelihood that both Sue and Jim will get red gumballs?

• A)0.50
• B)0.062
• C)0.33
• D)0.75

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Definitions:

Corporation Income Taxes

Taxes applied to the income or profit of corporations.

Small Corporations

These are businesses that are smaller in size, often categorized by fewer employees or lower annual revenue.

Income

The flow of cash or its equivalent received from work or investments over time.

Investment

The allocation of resources, usually financial, to assets or projects expected to generate future profits or benefits.