Consider the Following to Answer the Question(s) Below

question 13

Multiple Choice

Consider the following to answer the question(s) below:
A recent survey of local cell phone retailers showed that of all cell phones sold last month, 64% had a camera, 28% had a music player, and 22% had both.
-The probability that a cell phone sold last month did not have either a camera or a music player is

• A) 0.22
• B) 0.70
• C) 0.92
• D) 0.30
• E) 0.08

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Definitions:

Investment

The process of distributing funds or resources with the aim of achieving income or financial gain.

Corporate Profits Tax

A tax imposed on the income or profit of corporations, calculated as a percentage of their earned income.

Investment

The distribution of funds or other resources with the aim of achieving income or profit at a later date.

Business Firms

Organizations involved in the trade of goods, services, or both to consumers, operating in an attempt to profit.