The Organizer of a Television Show Must Select 5 People $\frac { 1 } { 2,441,880 }$

question 92

Multiple Choice

The organizer of a television show must select 5 people to participate in the show. The participants will be selected from a list of 21 people who have written in to the show. If the participants are selected randomly, what is the probability that the 5 youngest people will be selected?

• A) \(\frac { 1 } { 2,441,880 }\)
• B) \(\frac { 1 } { 20,349 }\)
• C) \(\frac { 8 } { 21 }\)
• D) \(\frac { 1 } { 120 }\)

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profits and losses.

Dividends Received

Payments shareholders receive from a company’s earnings, typically distributed in cash or additional stocks.

Investment Revenue

Investment revenue is income generated from various types of investments, including dividends from stocks, interest on bonds, or income from rental properties.

Equity Method

The equity method is an accounting technique used to record investments in other companies, typically reflecting the owning company's fair share of the investee's net income.