Compute At-Least Probabilities
-Investment in New Issues (The Stock of Newly

question 202

Multiple Choice

Compute At-least Probabilities
-Investment in new issues (the stock of newly formed companies) can be both suicidal and rewarding. Suppose that of 300 newly formed companies in 1990 , only 16 appeared to have outstanding prospects. Suppose that you had selected two of these 300 companies back in 1990 . Find the probability that at least one of your companies had outstanding prospects.

• A) \(0.1039911\)
• B) \(0.3153623\)
• C) \(0.8960089\)
• D) \(0.0506577\)

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Definitions:

Ethical Tone

The overall ethos of an organization or group that influences the ethical behavior of its members, often set by leadership.

Moral Values

Fundamental beliefs about what is right, wrong, good, or bad in human conduct, often influenced by societal norms and personal principles.

Organizations

Structured groups of people working together to achieve common goals.

Charismatic Leadership

A leadership style characterized by leaders who inspire and motivate followers through their charismatic attributes and vision.