An Experiment Requires a Sequence of Three Steps

question 30

Short Answer

An experiment requires a sequence of three steps. The first step can result in 5 possible outcomes, the second in 2 possible outcomes, and the third in 3 possible outcomes. What is the total number of outcomes possible

---

Definitions:

Shelf Registration

Advance registration of securities with the SEC for sale up to 2 years following initial registration.

Primary Market

The financial market for new issues of securities, where buyers purchase directly from the issuer.

Stop-Buy Order

An order to purchase a security once its price surpasses a particular point, typically to limit a loss or protect a profit on a short sale.

Provide Liquidity

To provide liquidity means to make assets easily convertible into cash or to facilitate the ease of buying or selling assets in the market without affecting their price significantly.