Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. b. an investor wants to create a portfolio of thre

b. An investor wants to create a portfolio of three stocks form a set that consists...

80.2K

Verified Solution

Question

Basic Math

b. An investor wants to create a portfolio of three stocks forma set that consists of 5 defense companies, 4 transportationcompanies and 6 healthcare companies. If the investor picks thethree stocks at random, what is the probability that all threestocks will be from different industries.

c. In part (b), what is the probability that at least two out ofthe three stocks picked will be from different industries?

Answer & Explanation Solved by verified expert
4.1 Ratings (628 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

In a​ lottery, you bet on a six-digit number between 000000 and 111111. For a​ $1...

Advance Math
1.2K views

3. We let ??(?) denote the set of all polynomials of degree at most n with...

Medical Sciences
1.2K views

Outline the mechanism of prothrombin activation. .State the general mechanisms for the control of clotting...

Biology
1.2K views

How did the justices use the dictionary to support their decision on finding Chapman guilty...

Physics
1.2K views

1 The pressure of a medium is changed from 1 01 x 105 Pa to...

Geometry
1.2K views

Find the area of each shape All measurements are in meters Leave answers in terms...

Calculus
1.2K views

The functions f, g, and h are defined as follows.f(x)=2+?-4+x g(x) = ?10+2x x...

Accounting
1.2K views

Return to question 9 Sylvester files as a single taxpayer during 2018. He...

Accounting
1.2K views

TRANSACTIONS April 1 Sold fully depreciated cash register and point of sale system for $1,000...

Accounting
1.2K views

On1/1/ 2019,X Co acquired 100% of the common stock of Y Co. At that time,...

Accounting
1.2K views

Boulware Companys budgeted production calls for 6,200 units in October and 9,200 units in November....

Accounting
1.2K views

Frank, the manager at Danika's Danishes, was exeited to determine the company's profit this year....