A new television program was viewed by 200 people (120 females and 80 males). Of the females, 60 liked the program and 60 did not. Of the males, 60 of the 80 liked the program
(a) What is the probability that a randomly selected individual liked the program?
(b) If a male in this group is selected, what is the probability that he liked the program?
(c) What is the probability that a randomly selected individual is a female and liked the program?
(a) 120/200 = 0.60 (b) 60/80 = 0.75 (c) 60/200 = 0.30
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On March 31, 2017, Park Place, Inc shows the following data on its balance sheet
Stockholders' Equity Common Stock, $1 Par, 1,180,000 shares authorized 240,000 shares issued, 230,000 shares outstanding $240,000 Paid-In Capital in Excess of Par-Common 2,560,000 Retained Earnings 4,790,000 Treasury stock, 15,000 shares at $40 -600,000 Total Stockholder's Equity $6,990,000 Assume that Park Place sells 1,500 shares of treasury stock at $33 per share. What is total stockholders' equity after this transaction? A) $6,940,500 B) $7,039,500 C) $6,979,500 D) $7,000,500
According to the five forces model proposed by Michael Porter, which of the following
constitutes a threat of entry to a company manufacturing LCD TVs? A) an increase in the bargaining power held by the supplier of LCD screens to the company B) a foreign maker of LCD TVs setting up its retail showrooms in the same country as the company C) the lack of government support in terms of subsidies and tax exemptions to the LCD TV industry D) the invention of Plasma TVs which are much cheaper than LCD TVs