A stock market analyst claims expertise in picking stocks that will outperform the corresponding industry norms. This

Question:

A stock market analyst claims expertise in picking that will outperform the corresponding industry norms. This analyst is presented with a list of 5 high-technology and a list of 5 airline and she is invited to nominate, in order, the 3 that will do best on each of these 2 lists over the next year. The analyst claims that success in just 1 of these 2 tasks would be a substantial accomplishment. If, in fact, the choices are made randomly and independently, what is the probability of success in at least 1 of the 2 tasks merely by chance? Given this result, what do you think of the analyst's claim? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...