Compute the Probability of an Event Using the Complement Rule

question 89

Multiple Choice

Compute the Probability of an Event Using the Complement Rule
-The complement of 4 heads in the toss of 4 coins is

• A) At least one tail
• B) All tails
• C) Exactly one tail
• D) Three heads

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Definitions:

Exchange-Traded Funds

Investment funds that are tradeable on stock exchanges, similar to stocks, and hold assets such as stocks, commodities, or bonds.

Contagion

A pattern in which stock markets have become increasingly interconnected around the world and markets in different countries have begun reacting similarly.

Net Present Value

A financial metric that calculates the present value of net cash flows (inflows minus outflows) over a period, used for assessing the profitability of an investment.

Mutual Funds

Shareholder-financed investment schemes that are professionally overseen and involve trading in a variety of holdings.