Compute Probabilities Using the General Multiplication Rule
-Five Cards Are $0.0005$

question 239

Multiple Choice

Compute Probabilities Using the General Multiplication Rule
-Five cards are randomly selected without replacement from a standard deck of 52 playing cards. What is the probability of getting 5 hearts? Round your answer to four decimal places.

• A) \(0.0005\)
• B) \(0.0012\)
• C) \(0.0010\)
• D) \(0.0004\)

Develop backup plans and increase professional demeanor and confidence in presenting.

Construct effective opening slides that introduce the presentation effectively.

Finalize presentations to ensure clarity, visual appeal, and message delivery.

Employ functional animation to enhance message delivery in presentations.

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Definitions:

Risk-Free Rates

The theoretical return on investment with no risk of financial loss, typically represented by the yield on government securities.

Arbitrage Opportunities

Situations where an asset is priced differently in two or more markets, allowing for the profit from the price differences.

Spot Exchange Rate

The current exchange rate at which a currency pair can be bought or sold.

Portfolio's Beta

An indicator of the fluctuation or inherent risk of a portfolio relative to the overall market.