Of seven prominent financial analysts who are attending a meeting, three are pessimistic about the future of
Question:
Of seven prominent financial analysts who are attending a meeting, three are pessimistic about the future of the stock market, and four are optimistic. A newspaper reporter interviews two of the seven analysts. What is the probability that one of these interviewees takes an optimistic view and the other a pessimistic view?
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The problem can be solved using combination mathematics First lets see how many possible analyst pai...View the full answer
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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