28. Profitable Stocks An investor has the option of investing in three of five recommended stocks. Unknown

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28. Profitable Stocks An investor has the option of investing in three of five recommended stocks.

Unknown to her, only two will show a substantial profit within the next 5 years. If she selects the three stocks at random (giving every combination of three stocks an equal chance of selection), what is the probability that she selects the two profitable stocks? What is the probability that she selects only one of the two profitable stocks?

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Introduction To Probability And Statistics

ISBN: 9780357114469

15th Edition

Authors: William Mendenhall Iii , Robert Beaver , Barbara Beaver

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