Let F be the event that a student is enrolled in a finance course, and let S be the event that a student is enrolled in a statistics course It is known that 40\% of all students are enrolled in an finance course and 35\% of all students are enrolled in statistics Included in these numbers are 15\% who are enrolled in both statistics and finance.Find P(S)?Select one:a.0.15.b.0.35.c.0.40.d.0.55.e.0.60.
Question
Let F be the event that a student is enrolled in a finance course, and let S be the event that a student is enrolled in a statistics course It is known that 40% of all students are enrolled in an finance course and 35% of all students are enrolled in statistics Included in these numbers are 15% who are enrolled in both statistics and finance.Find P(S)?Select one:a.0.15.b.0.35.c.0.40.d.0.55.e.0.60.
Solution
The answer is b. 0.35. This is because the problem states that 35% of all students are enrolled in a statistics course, which is event S. Therefore, the probability of a student being enrolled in a statistics course, or P(S), is 0.35.
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