Exhibit 5-10 The Probability That Pete Will Catch Fish on a Particular

question 80

Multiple Choice

Exhibit 5-10
The probability that Pete will catch fish on a particular day when he goes fishing is 0.8. Pete is going fishing 3 days next week.
-Refer to Exhibit 5-10. What is the random variable in this experiment?

• A)the 0.8 probability of catching fish
• B)the 3 days
• C)the number of days out of 3 that Pete catches fish
• D)the number of fish in the body of water

---

Definitions:

Financial Accounts

Records that track the financial activities and situation of an entity, including assets, liabilities, equity, income, and expenses.

Surplus

The amount by which the quantity of a good or service supplied exceeds the quantity demanded at a specific price.

Net Investment Income

The total income received from investment assets, such as dividends, interest, and rental income, minus expenses related to the investment.

Americans Invested

Refers to the financial contributions or investments made by individuals or entities based in the United States in various markets or assets.