It Is Known That 20% of All Students in Some

question 59

Multiple Choice

It is known that 20% of all students in some large university are overweight, 20% exercise regularly and 2% are overweight and exercise regularly.What is the probability that a randomly selected student is overweight given that this student exercises regularly?

• A)0.40
• B)0.38
• C)0.20
• D)0.42
• E)0.10

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Definitions:

End-of-Period Spreadsheet

A financial summary prepared at the close of an accounting period, emphasizing the consolidation and reporting of financial results and activities.

Depreciation Expense

Distributing the expense of a physical asset across its lifespan, representing the reduction in its worth as time progresses.

Unearned Revenue

Money received by a company for products or services that have not yet been delivered or completed, considered a liability until the revenue is earned.

Adjusting Entries

Journal entries made in accounting to update the records for expenses and revenues that have accrued but are not yet recorded.