Provide an Appropriate Response

question 202

Multiple Choice

Provide an appropriate response.
-Consider the selections of particular thirteen card bridge hands. Is this a combination, a permutation, or neither?

• A) Permutation
• B) Neither
• C) Combination

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Definitions:

Defined Contribution Plan

A retirement plan where the amount of the retirement benefits is determined by the contributions to the plan and the performance of the investments.

Risk-free Return

The theoretical return on an investment with zero risk, often represented by the yield on government bonds.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean.

Defined Contribution Plan

A retirement plan where the employer, employee, or both contribute to an individual's account, and the retirement benefits depend on the account's investment performance.