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A Stock Analyst Was Provided with a List of 25

question 70

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A stock analyst was provided with a list of 25 stocks.He was expected to pick 3 stocks from the list whose prices are expected to rise by more than 20% after 30 days.The prices of only 5 stocks would rise by more than 20% after 30 days.If he randomly selected 3 stocks from the list,he would use what type of probability distribution to compute the probability that all the chosen stocks would appreciate more than 20% after 30 days?


Definitions:

Aggregate Income

The total income earned by all individuals within an economy, including wages, profits, and other earnings.

Consumption Function

A formula in economics showing how total consumption is related to the gross national income.

Aggregate Income

The total income earned by individuals and businesses in an economy over a specific period, before taxes.

Aggregate Income

The total amount of income earned by individuals and businesses within an economy.

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