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There are 1000 students in a high school. Among the 1000 students, 150 students take AP Statistics, and 300 students take AP French. 100 students take both AP courses. Let S be the event that a randomly selected student takes AP Statistics, and F be the event that a randomly selected student takes AP French. Show all work. Just the answer, without supporting work, will receive no credit.
(a) Provide a written description of the complement event of (S OR F).
(b) What is the probability of complement event of (S OR F)?
To evaluate scenarios, you will also use some tools such as net present value (NPV) and return on investment (ROI) that you have discussed so far. In this assignment, you will evaluate the financial aspects of making decisions.
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