It Is Very Common for Television Series to Draw a Large

question 60

Multiple Choice

It is very common for television series to draw a large audience for special events or for cliff-hanging story lines.Suppose that on one of these occasions,the special show drew viewers from 38.2 percent of all US TV households.Suppose that three TV households are randomly selected.
What is the probability that none of the three households viewed this special show?

• A)0.236
• B)0.056
• C)0.618
• D)0.382
• E)0.127

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Definitions:

Financing Activities

Transactions that involve raising capital and repaying investors, including issuing equity, obtaining loans, and repaying debt.

Statement of Cash Flows

The statement of cash flows is a financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Balance Sheet

A report detailing a company's assets, liabilities, and equity of shareholders at a given moment.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, often held to reissue or retire the shares.