Use the Following to Answer the Question(s) Below

question 67

Multiple Choice

Use the following to answer the question(s) below.
An advocacy group is investigating whether gender has an effect on job category in large investment firms. They surveyed a sample of firms with the following results:

-What is the probability that a randomly selected employee's job category is executive/managerial?

• A) 0.20
• B) 0.80
• C) 0.13
• D) 0.45
• E) 0.25

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or other security, as stated by the issuer.

Premium

An amount paid periodically to the insurer by the insured for covering their risk or the amount by which a bond or stock sells above its face value.

Issue Price

The price at which new or existing securities are offered for sale to the public.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its principal (face value), reflecting higher-than-market interest rates or low risk.