A Recently Published Study Shows That 50% of Americans Adults

question 18

Multiple Choice

A recently published study shows that 50% of Americans adults take multivitamins regularly.Another recent study showed that 20.6% of American adults work out regularly.Suppose that these two variables are independent.The probability that a randomly selected American adult takes multivitamins regularly and works out regularly is _______.

• A)0.706
• B)0.309
• C)0.155
• D)0.106
• E)0.103

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Definitions:

Consolidated Financial Statements

Combined financial documents that present the overall financial position of a parent company and its subsidiaries as one entity.

Cost Basis

The original value of an asset for tax purposes, usually the purchase price, which is used to calculate capital gains or losses when the asset is sold.

Subsidiaries

Companies that are controlled by another company, known as the parent company, through ownership of more than half of the voting stock or through other mechanisms of control.

Net Assets

The total assets of a company minus its total liabilities, representing the owners' equity in the company.