Use the Following to Answer Questions

question 53

Multiple Choice

Use the following to answer questions :
A teacher asked her students, "Do you like strawberry ice cream?" The responses are shown in the following table.
One student is selected at random.
-What is the probability the student answered "Yes" or is a boy?

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Definitions:

Unsystematic Risk

The risk associated with a specific company or industry, also known as non-systemic risk, which can be mitigated through diversification.

Risk Premium

The extra return expected by investors for taking on a higher level of risk compared to a risk-free investment.

Market Return

The total return from investing in a market or an index, including dividends, interest, and capital gains.

Risk-Free Rate

The theoretical return on an investment with zero risk, typically associated with government bonds.