Sports Fans Suppose That Past History Shows That 5% of College Students

question 254

Short Answer

Sports Fans
Suppose that past history shows that 5% of college students are sports fans.A sample of 10 students is to be selected. ​ ​
-{Sports Fans Narrative} Find the probability that exactly 1 student is a sports fan.

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Definitions:

Coupon Rate

The annual interest rate paid by a bond issuer to its bondholders, typically expressed as a percentage of the bond's face value.

Maturity

The date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.

Bond Portfolios

Collections of bonds held by investors or institutions, designed to achieve certain financial goals while managing risk and return.

Indexing

The investment strategy of replicating the performance of a market index, often through passive fund management.