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In the portfolio, 1000 different types of market shares are combined to quantify the risk. Price of each share is assumed to be independent (that
In the portfolio, 1000 different types of market shares are combined to quantify the risk. Price of each share is assumed to be independent (that means, increase or decrease one share's price does not change the price another share). Profit is determined by each share if the share price increases. The chance/probability of making profit by each share is 95%. Calculate the probability that at least (one or more) one share price value will be reduced?
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