Given the Contingency Table Shown Here,if a Survey Participant Is

question 58

Multiple Choice

Given the contingency table shown here,if a survey participant is selected at random,what is the probability he/she is an undergrad who favors the change to a quarter system?

• A) .270
• B) .135
• C) .338
• D) .756

---

Definitions:

Costs of Goods Sold

Costs directly related to the manufacture of products sold by a company.

Accounts Receivable

Outstanding payments from debtors to a company for goods or services already utilized or delivered but not paid for.

Market-to-Book Ratio

A ratio used to compare a company's current market value to its book value, indicating how highly valued a company is in comparison to its actual assets.

Common Stock

A type of equity security that represents ownership in a corporation, giving the holder a share in the company's profits and losses.