Instruction 4 -Referring to Instruction 4

question 14

Multiple Choice

Instruction 4.2
An alcohol awareness task force at a large Australian university sampled 200 students after the final exam to ask them whether they went out to a pub on the weekend before the exam or spent the weekend studying, and whether they did well or poorly on the exam. The following result was obtained.
$$\begin{array} { | l | l | l | } \hline & \text { Did Well on Exam } & \text { Did Poorly on Exam } \\\hline \text { Studying for Exam } & 80 & 20 \\\hline \text { Went to a pub } & 30 & 70 \\\hline\end{array}$$
-Referring to Instruction 4.2,what is the probability that a randomly selected student did well on the exam and also went to a pub on the weekend before the exam?

• A) 30/200 or 15%
• B) (30 + 70) / 200 or 50%
• C) (80 + 30 + 70) / 200 or 90%
• D) (80 + 30) / 200 or 55%

Comprehend the concepts of novation, rectification, and agency as exceptions or specific scenarios within contract law.

Understand the effect of legal determinations such as undue influence or non est factum on contractual relationships and agreements.

Understand the concept and measurement of income inequality.

Describe the Lorenz Curve and its implications for income distribution.