Suppose That You Believe That the Probability You Will Get

question 47

Multiple Choice

Suppose that you believe that the probability you will get a grade of B or better in Introduction to Finance is .6,and the probability that you will get a grade of B or better in Introduction to Accounting is .5.If these events are independent,what is the probability that you will get a grade of B or better in both courses?

• A)0.300
• B)0.833
• C)0.600
• D)0.500
• E)0.800

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Definitions:

Packing Slip

A document included with a shipment that lists the contents and sometimes the order details, used for verifying receipt of goods.

Receiving Department

The area in a business where goods and materials are received from suppliers and checked for quality and quantity.

Receiving Process

The sequence of actions taken to accept goods into a storage facility, including inspection, documentation, and stocking.

Bill of Lading

A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried.