A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses): Highly Successful (10%),Successful (25%),Break Even (25%),Disappointing (20%),and Highly Disappointing (?).If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?
A)10%
B)15%
C)20%
D)25%

Question

Quizplus · Accepted Answer

Since the sum of all the outcomes is 100%, we can subtract the sum of the probabilities of the other outcomes from 100 to find the probability of Highly Disappointing: 
100% - 10% - 25% - 25% - 20% = 20% 
Therefore, the chance of the business venture being considered Highly Disappointing is 20%.

A Business Venture Can Result in the Following Outcomes (With