If You Draw an M&M Candy at Random from a Bag

question 41

Multiple Choice

If you draw an M&M candy at random from a bag of the candies,the candy you draw will have one of six colors.The probability of drawing each color depends on the proportion of each color among all candies made.Assume the table below gives the probabilities for the color of a randomly chosen M&M. What is the probability of not drawing a red candy?

• A)0.3
• B)0.6
• C)0.7
• D)0.9

---

Definitions:

Lump Sum

A single payment made at a particular time, as opposed to multiple payments over time.

Sub-Contracting

The process of outsourcing specific portions of a project or job to specialized third parties while retaining overall responsibility for completion.

Discount Rate

Employed in discounted cash flow analysis, this interest rate is used for determining the current value of cash flows that will be received in the future.

Annual Payments

Regular payments made once a year, often associated with loan repayments or insurance premiums.