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Construct the Probability Distribution for the Number of Heads Obtained

question 65

Essay

Construct the probability distribution for the number of heads obtained when
tossing four coins. Draw a graph of the distribution.


Definitions:

Diversified Portfolio

A mix of various types of investments (stocks, bonds, commodities, etc.) aiming to reduce risk through diversification.

ETFs

Exchange-Traded Funds, investment funds that are traded on stock exchanges, much like stocks, and hold assets such as stocks, commodities, or bonds.

Diversified Portfolio

An investment portfolio that includes a variety of asset types in order to reduce risk.

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