You Draw a Card at Random from a Standard Deck

question 33

Multiple Choice

You draw a card at random from a standard deck of 52 cards.Find the probability that the card is a face card given that it is a king.

• A)0.077
• B)0.333
• C)0.231
• D)1.000
• E)0.250

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Definitions:

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry, often as competitors.

Vertical Merger

A merger between two companies that operate at different stages of the production process for a specific finished product.

Tire Manufacturer

A company specialized in the production and sale of tires for various vehicles, including cars, trucks, and bicycles.

Automobile Manufacturer

A company that produces and sells motor vehicles, including cars, trucks, and motorcycles.