Use the Following to Answer the Question(s) Below

question 37

Multiple Choice

Use the following to answer the question(s) below.
A publishing company conducted a survey of its readership and found that 60% subscribed to Food & Wine, 30% subscribed to Wine Spectator, and 25% subscribed to both.
-The probability that a reader does not subscribe to either is

• A) 0.10.
• B) 0.65.
• C) 0.50.
• D) 0.45.
• E) 0.35.

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Definitions:

Social Security Contributions

Payments made to a government scheme that provides retirement, disability, and survivals benefits, funded through taxes on employers and employees.

Benefits

Advantages or payments made to employees, members of insurance policies, or other eligible parties, often in the form of health insurance, retirement plans, or disability coverage.

Tax Shelter

An investment strategy or financial arrangement designed to reduce, defer, or eliminate tax liabilities.

Deferred Taxes

Tax liabilities or assets that arise due to differences between the financial accounting and tax treatment of transactions, recognized in corporate financial statements.