The Table Below Gives the Probabilities of Combinations of Religion

question 50

Multiple Choice

The table below gives the probabilities of combinations of religion and political parties in a major U.S.city. $$\begin{array}{l}\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \text { Religion }\\\begin{array} { | l | c c c c | } \hline\text { Political parties } & \text { Protestant } ( A ) & \text { Catholic } ( B ) & \text { Jewish } ( C ) & \text { Other } ( D ) \\\hline \text { Democrat } ( E ) & 0.35 & 0.10 & 0.03 & 0.02 \\\text { Republican } ( F ) & 0.27 & 0.09 & 0.02 & 0.01 \\\text { Independent } ( G ) & 0.05 & 0.03 & 0.02 & 0.01 \\\hline\end{array}\end{array}$$
-What is the probability that a randomly selected person would be a Republican?

• A) 0.67
• B) 0.22
• C) 0.11
• D) 0.39
• E) None of these

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Definitions:

Average Total Assets

The average value of all assets owned by a company over a specific time period, typically calculated to assess the company's asset management efficiency.

Net Profit Margin

A profitability ratio calculated as net income divided by revenue, showing the percentage of revenue that remains as profit after all expenses are paid.

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate sales.

Return on Assets

A financial ratio that indicates the profitability of a company in relation to its total assets.