Use the Following to Answer the Questions

question 36

Multiple Choice

Use the following to answer the questions:
You roll two dice and record the sum shown. The sample space is the set of all possible sums, which are 2, 3, . . . , 11, 12.
-What other outcome has a probability equal to the probability of "the sum is 2"?

• A) The sum is greater than 2.
• B) The sum is less than 10.
• C) The sum is greater than 11.
• D) None of the above.

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Definitions:

Risky Asset

An investment that holds a degree of uncertainty regarding its returns or principal amount.

Non-Risky Asset

A financial asset with a guaranteed or highly predictable return rate, such as government bonds.

Expected Return

The anticipated gain or loss for an investment over a given period, often expressed as a percentage.

Standard Deviation

A gauge for the degree of spread or discrepancy in a series of data points.