as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
generate a multiple choice question and answer set that tests a student's understanding of the concept of probability.
user
question: what is the probability of selecting a red card from a standard 52-card deck?
a. 0.25
b. 0.50
c. 0.75
d. 1.00

answer: a. 0.25.
assistant