Investing Is a Game of Chance

question 142

Multiple Choice

Investing is a game of chance. Suppose there is a 36% chance that a risky stock investment will end up in a totalloss of your investment. Because the rewards are so high, you decide to invest in five independent risky stocks.Find the probability that at least one of your five investments becomes a total loss. Round to the nearestten-thousandth when necessary.

• A) 0.8926
• B) 0.302
• C) 0.0604
• D) 0.006

---

Definitions:

Psychoanalytic Theory

A theory of personality and psychological disorder that emphasizes unconscious motives and conflicts, originated by Sigmund Freud.

Sexual Urges

Natural, instinctive impulses towards sexual behavior and activities.

Personal Growth

The process of improving self-awareness, developing talents, enhancing quality of life, and realizing one's dreams and aspirations.

Differentiation

The process of distinguishing or becoming distinct, often used in development, biology, and psychology to denote specialization.