A Probability Experiment Has Two Steps

question 139

Multiple Choice

A probability experiment has two steps. There are two possible results for the first step, call them "A" and "B". If the result for the first step was "A", then there would be 5
Possible results for the second step. If the result for the first step was "B", then there
Would be 12 possible results for the second step. How many possible outcomes are there
For this experiment?

• A) 60
• B) 17
• C) 8
• D) 12

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Definitions:

Portfolio Expected Return

The anticipated return on an investment portfolio based on the predicted returns of its individual securities and their respective weights.

Royal Bank

A financial institution that is chartered or authorized to operate under a royal charter.

Reward-To-Risk Ratio

An assessment tool employed by investors to evaluate the potential returns of an investment relative to the level of risk involved in achieving those returns.

Market Efficiency

describes a market in which asset prices fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.