A Panel of Coaches Ranks the High School Football Teams $\frac { 1 } { 10 }$

question 213

Short Answer

A panel of coaches ranks the high school football teams in a particular state each week. The panel unanimously agrees on which five teams should comprise the top five but not on the order. Riverside High and Hillside High are among the top five. If the ranking of the top five is random, what is that probability that Riverside High and Hillside High will be the top two? A) $\frac { 1 } { 10 }$

B) $\frac { 1 } { 120 }$

C) $\frac { 1 } { 60 }$

D) $\frac { 1 } { 20 }$

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Definitions:

Reserve Requirement

The lowest level of reserves that financial institutions are required to maintain against deposits, determined by central banks to manage the amount of money in circulation.

Fed

In the United States, the Federal Reserve System serves as the central banking authority, charged with the management of monetary policy.

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, often used by companies, municipalities, states, and sovereign governments to finance projects and operations.

Leverage Ratio

A financial metric used to assess a company's ability to meet its financial obligations, calculated as the ratio of its total debt to its equity, assets, or other benchmarks.