According to the National Telecommunication and Information Administration, 56

question 121

Multiple Choice

According to the National Telecommunication and Information Administration, 56.5% of U.S.
Households owned a computer in 2001. What is the probability that of three randomly selected U.S.
Households at least one owned a computer in 2001?

• A) 56.5%
• B) 82.0%
• C) 43.5%
• D) 91.8%
• E) 18.0%

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Definitions:

Efficient Market Hypothesis

The theory that all existing information is already reflected in securities prices, thus making it impossible to consistently achieve higher returns.

Dissemination

The process of spreading information, knowledge, or ideas to a large number of people.

Executive Stock Option

A privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed-upon price within a certain period or on a specific date.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.