In a Large On-The-Job Training Program, Half of the Participants

question 161

Short Answer

In a large on-the-job training program, half of the participants are female and half are male. In a random sample of 5 participants, what is the probability that an investigator will draw at least 2 females Round your answer to four decimal places.

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Definitions:

Required Return

The minimum return that an investor expects to achieve on an investment to consider it a worthwhile risk.

Standard Deviation

A measure of the dispersion or variability in a set of values, often used to gauge the risk associated with a particular investment or portfolio.

Expected Rate

The anticipated rate of return or growth for an investment, often based on historical data and projections.

T-bill

Short-term U.S. government debt obligation backed by the Treasury Department with a maturity of less than one year.