Just How Accurate Are the Weather Forecasts We Hear Every

question 21

Multiple Choice

Just how accurate are the weather forecasts we hear every day? The table below compares the daily forecast with a city's actual weather for a year. $\begin{array}{c} Forecast&\begin{array}{l|lc} &\text { Actual Weather }\\& \text { Rain } & \text { No rain } \\\hline \text { Rain } & 32 & 55 \\\text { No rain } & 10 & 268\end{array}\end{array}$ On what percent of days did it actually rain?

• A)2.7%
• B)11.5%
• C)76.2%
• D)8.8%
• E)23.8%

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Stock Splits

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares.

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The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay off debt.

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A financial obligation arising when a company declares dividends payable to shareholders, to be settled on the dividend payment date.

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A portion of a company's earnings decided by the board of directors to be distributed to its shareholders in the form of additional shares.