In a Business Class,15% of the Students Have Never Taken

question 4

Multiple Choice

In a business class,15% of the students have never taken a statistics class,40% have taken only one semester of statistics,and the rest have taken two or more semesters of statistics.The professor randomly assigns students to groups of three to work on a project for the course.What is the probability that neither of your two group mates has studied statistics?

• A)0.45
• B)0.023
• C)0.15
• D)0.85
• E)0.30

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Definitions:

Notice of Assignment

A formal notification to the concerned parties that the rights or interests of an agreement have been transferred from one party to another.

Restrictive Covenant

A clause in a contract that limits certain actions or uses of property to protect business interests or preserve property value.

Public Policy

Principles and actions adopted or proposed by a government to address societal issues and achieve beneficial outcomes.

Minimum Price

The lowest price at which a product or service can be sold, often regulated by law or agreement.