There Are Three Unfilled Seats on a Small Plane, but 10

question 66

Short Answer

There are three unfilled seats on a small plane, but 10 people showed up to try to get one of those three unfilled seats. If the airline picks three people at random to get on the plane, what is the probability you and your two kids will get on the plane?

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Definitions:

Federal Income Tax

A fiscal duty assessed by the federal authority on the annual revenues of people, firms, trusts, and assorted legal entities.

FICA Rate

The total percentage of Social Security and Medicare taxes that must be paid by both employees and employers under the Federal Insurance Contributions Act.

Workers' Compensation Insurance

Insurance that provides wage replacement and medical benefits to employees injured in the course of employment.

Job-Related Injury

An injury or illness that occurs as a direct result of duties performed on the job, potentially eligible for worker's compensation benefits.