Which of the Following Is Not an Example of the Opportunity

question 16

Multiple Choice

Which of the following is not an example of the opportunity cost of going to school?

• A)The money a student could have earned by working if he had not gone to college.
• B)The nap a student could have enjoyed if he had not attended class.
• C)The party a student could have enjoyed if he had not stayed in to study for his exam.
• D)The money a student spends on rent for his apartment while attending school.

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Definitions:

Hypergeometric Probability

The probability of a given number of successes in a finite population without replacement.

Binomial Distribution

A probability distribution that describes the number of successes in a fixed number of independent trials, each with the same probability of success.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, assuming these events occur with a constant mean rate and independently of the time since the last event.

Hypergeometric Probability

The probability of a certain number of successes in draws from a finite population without replacement, where each draw can result in a success or a failure.