Let a Be the Event That a Student Is Enrolled

question 120

Multiple Choice

Let A be the event that a student is enrolled in an accounting course, and let S be the event that a student is enrolled in a statistics course.It is known that 30% of all students are enrolled in an accounting course and 40% of all students are enrolled in statistics.Included in these numbers are 15% who are enrolled in both statistics and accounting.Find the probability that a student is in accounting and is also in statistics.

• A)0.15
• B)0.70
• C)0.55
• D)0.12
• E)0.60

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Definitions:

Decrease In Cash

A reduction in the amount of cash a company holds, which may result from payments for expenses, investments, or debts.

Statement Of Income

A financial document that reports a company's financial performance over a specific period, showing revenues, expenses, and net income.

Statement Of Financial Position

Another term for a balance sheet, showing a company's assets, liabilities, and equity at a specific point in time.