Home
Accounting
Back
Principles of Accounting
Back
Accounting in Action
The Recording Process
Adjusting the Accounts
Completing the Accounting Cycle
Accounting for Merchandising Operations
Inventories
Accounting Information Systems
Fraud, Internal Control, and Cash
Accounting for Receivables
Plant Assets, Natural Resources, and Intangible Assets
Current Liabilities and Payroll Accounting
Accounting for Partnerships
Corporations: Organization and Capital Stock Transactions
Corporations: Dividends, Retained Earnings, and Income Reporting
Long-Term Liabilities
Investments
Statement of Cash Flows
Managerial Accounting
Financial Statement Analysis
Job Order Costing
Process Costing
Cost Volume Profit
Budgetary Planning
Budgetary Control and Responsibility Accounting
Standard Costs and Balanced Scorecard
Incremental Analysis and Capital Budgeting
Banking
Back
Principles and Practices of Banking
Bank fund Management
Back
Statement
Measuring and Evaluating Bank Perfomance
Business Organization and Management
Mathematics
Back
Business Mathematics
Back
Sets
Equations
Indices and Surds
Arithmetic and Geometric Progressions
Logarithms
Permutations and Combinations
Integral Calculus
Differential Calculus
Coordinate Geometry
Higher Algebra
Higher Trigonometry
Coordinate Geometry
Back
The Straight Line. Polar Equations and Oblique Cordinates
Differential Calculus
Finance
Back
Managerial Finance
Back
Leverage
Introduction
Capital Budgeting
Risk Return
Long Term Finance
Statistics
Back
Business Statistics
Back
Grouping and displaying data to convey meaning: Tables and Graphs
Measures of Central Tendency and Dispersion in Frequency Distributions
Probability I: Introductory Ideas
Probability Distributions
Sampling and Sampling Distributions
Simple Regression and Correlation
Estimation
Testing Hypotheses: One Sample Tests
Testing Hypotheses: Two Sample Tests
Quality and Quality Control
Chi-Square and Analysis of Variance
Contact Us
Home
Mathematics
Business Mathematics
Sets
In a class of 25 students, 12 students have taken economics: 8 have taken economics but not politics. Find the number of students who have taken economics and politics and those who have taken politics but not economics.
In a class of 25 students, 12 students have taken economics: 8 have taken economics but not politics. Find the number of students who have taken economics and politics and those who have taken politics but not economics.
Answer
Previous article: (i) In a survey of 100 students it was found that 50 used the college library, 40 had their own and 30 borrowed books, 20 used both college library and their own, 15 borrowed books and used their own books, whereas 10 used borrowed books and college libra
Prev
Next article: Problem 8: Set
Next
Most Reading Solutions
Problem-30: Chi-Square and Analysis of Variance
The manager of an assembly line in a clock manufacturing plant decided to study how different speeds...
Read More
Problem-05: Probability I: Introductory Ideas
Consider a stack of nine cards, all spades, numbered 2 through 10, and a die. Give a collectively ex...
Read More
Problem-29: Probability I: Introductory Ideas
In rolling two dice, what is the probability of rolling (a) A total of 7 on the first roll, followe...
Read More
Problem-21: Financial Statement Analysis
For its fiscal year ending October 31, 2020, Haas Corporation reports the following partial data sho...
Read More
Problem-12: Cost Volume Profit
The palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn...
Read More
Problem-22: Plant Assets, Natural Resources and intangible Assets
Gill Company, organized in 2019, has the following transactions related to intangible assets. 1/2/1...
Read More
Problem-35: Measures of Central Tendency and Dispersion in Frequency Distributions
For the following frequency distributions,
Read More
Problem 37: Arithmetic and Geometric Progressions
Sum the n terms series: 1/√3 + 1 + 3√3 + -----------.
Read More
A limited company intends to create a depreciation fund to replace at the end of his 25th year assets costing $100,000. Calculate the amount to be retained out of profits every year if the interest...
Read More
Problem-56: Probability I: Introductory Ideas
A physical therapist at Enormous State University knows that the football team will play 40 percent ...
Read More
Problem-36: Probability Distribution
The Orange County Dispute Settlement Center handles various kinds of disputes, but most are marital ...
Read More
Problem-01: Estimation
The Greensboro Coliseum is considering expanding its searing capacity and needs to know both the ave...
Read More
Problem-16: Accounting Information Systems
Below are some typical transactions incurred by. Ricketts Company. Payment of creditors on account....
Read More
Problem-67: Probability I: Introductory Ideas
The American Cancer Society is planning to mail out questionnaires concerning breast cancer. From pa...
Read More
Problem 15: Permutation
Find the number of ways in which n books can be arranged on a shelf so that two particular books are...
Read More
Problem-15: Long-Term Liabilities
Whitmore Company issued $500,000 of 5-year, 8% bonds at 97 on January 1, 2021. the bonds pay interes...
Read More
Problem-62: Testing Hypotheses: One Sample Tests
Federal environmental statutes applying to a particular nuclear power plant specify that recy- cled ...
Read More
Find the logarithm of 19683 to the base 3√3
Read More
Problem-07: Sampling and Sampling Distributions
An astronomer at the Mount Palomar Observatory notes that during the Gemind meteor shower, an averag...
Read More
Problem-27: Standard Costs and Balanced Scorecard
The following is a list of terms related to performance evaluation.
Read More
Problem-54: Testing Hypotheses: Two Sample Tests
Fifty-eight of 2,000 randomly sampled corporations had their 1995 federal income tax returns audited...
Read More
Problem-20: Inventories
Elliott's Hardware reported cost of goods sold as follows. Elliott's made two errors: (1) 2019 en...
Read More
The total cost y, for x units of a certain product consists of fixed cost and the variable cost. It is know that the total cost is Rs. 6000 for 500 units and Rs. 9000...
Find the linear relationship between x and y. Find the slope of the line, what does it indicate Fi...
Read More
Find the compound interest on $6950 for 3 years, if interest is payable half yearly, the rate for the first two years being 6%, and for the third year 9% p.a.
Read More
Problem-2: Accounting for Merchandising Operations
Renner Hardware Store completed the following merchandising transactions in the month of May. At the...
Read More
Problem-69: Probability Distribution
Consider the following data about sidley and Austin, a large law firm in Chicago.
Read More
Problem-01: Statement of Cash Flows
You are provided with the following transactions that took place during a recent fiscal year. Ins...
Read More
Problem-14: Standard Costs and Balanced Scorecard
Monte Services, Inc. is trying establish the standard labor cost a typical oil change. The following...
Read More
Problem-19: Measures of Central Tendency and Dispersion in Frequency Distributions
The U.S. Postal Services handles seven basic types of letters and cards: third class, second class, ...
Read More
Problem-51: Probability Distribution
R. V. Poppin, the concession stand manager for the local hockey rink, just had 2 cancellations on hi...
Read More
Problem-05: Long-Term Liabilities
Presented below are three different lease transactions that occurred for Ruggiero Inc. in 2020. Assu...
Read More
Problem 19: Permutation
A library has 5 copies of one book, 4 copies of each of two books, 6 copies of each of three books, ...
Read More
Problem-44: Probability I: Introductory Ideas
If a hurricane forms in the eastern half of the Gulf of Mexico, there is a 76 percent chance that it...
Read More
Problem-66: Probability Distribution
The City Bank of Durham has recently begun a new credit program.
Read More
Problem 34: Arithmetic and Geometric Progressions
Sum the following series: 1 - 1/2 + 1/4 - 1/8 + ------------- to 12 terms.
Read More
Problem-34: Testing Hypotheses: Two Sample Tests
The Coffee Institute has claimed that more than 40 percent of American adults regularly have a cup o...
Read More
Problem-22: Chi-Square and Analysis of Variance
A large city fire department calculates that for any given precinct, during any given 8-hour shift, ...
Read More
Problem-08: Measures of Central Tendency and Dispersion in Frequency Distributions
A Cosmetics manufacturer recently purchased a machine to fill 3-ounce cologne bottles. To test the a...
Read More
Problem-15: Corporations: Dividends, Retained Earnings, and Income Reporting
Dirk Company reported the following balances at December 31, 2020; common stock $500,000, paid-in-ca...
Read More
Problem-3: Fraud, Internal Control, and Cash
The bank portion of the bank reconciliation for Langer Company at November 30, 2019, was as follows ...
Read More
Problem-82: Probability I: Introductory Ideas
A produce shipper has 10,000 boxes of bananas from Ecuador and Honduras. An inspection has determine...
Read More
Problem-06: Financial Statement Analysis
The comparative statements of Corbin Company are presented below and on Compute numerous rations. ...
Read More
Problem-3: Testing Hypotheses: One Sample Tests
If we reject a hypothesized value because it differs from a sample statistic by more than 1.75 stand...
Read More
Problem-05: Current Liabilities and Payroll Accounting
For the year ended December 31, 2019, Denkinger Electrical Repair Company reports the following summ...
Read More
A town has a total population of 50,000. Out of it 28,000 read Patriot and 23,000 read Times of India while 4,000 read, both the papers Indicate how many read neither Patriot nor Times of...
Read More
Problem 13: Incremental Analysis and Capital Budgeting
Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance o...
Read More
Problem-32: Measures of Central Tendency and Dispersion in Frequency Distributions
For the following frequency distributions, determine
Read More
Problem-16: Accounting for Receivables
Presented below are two independent situations. On April 2, Jennifer Eiston uses her JCPenney Compa...
Read More
Problem-1: Testing Hypotheses: One Sample Tests
How many standard errors around the hypothesized value should we use to be 99.44 percent certain tha...
Read More
Problem-53: Probability Distribution
The Quickies Sales Corporation has just been given two conflicting estimates of sales for the upcomi...
Read More
More In
Chi-Square and Analysis of Variance
Probability I: Introductory Ideas
Financial Statement Analysis
Cost Volume Profit
Plant Assets, Natural Resources, and Intangible Assets
Measures of Central Tendency and Dispersion in Frequency Distributions
Arithmetic and Geometric Progressions
Logarithms
Probability Distributions
Estimation
Accounting Information Systems
Permutations and Combinations
Long-Term Liabilities
Testing Hypotheses: One Sample Tests
Sampling and Sampling Distributions
Standard Costs and Balanced Scorecard
Testing Hypotheses: Two Sample Tests
Inventories
Coordinate Geometry
Accounting for Merchandising Operations
Statement of Cash Flows
Corporations: Dividends, Retained Earnings, and Income Reporting
Fraud, Internal Control, and Cash
Current Liabilities and Payroll Accounting
Sets
Incremental Analysis and Capital Budgeting
Accounting for Receivables
© 2025 MathLearningCentre