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A Stock Portfolio Contains 20 Stocks

question 158

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A stock portfolio contains 20 stocks. Of these stocks, 10 are considered "large-cap" stocks, 5 are "mid- cap," and 5 are "small cap." The portfolio manager has been asked by his client to develop a report that highlights 7 randomly selected stocks. When she presents her report to the client, all 7 of the stocks are large-cap stocks. The client is very suspicious that the manager has not randomly selected the stocks. She believes that the chances of all 7 of the stocks being large cap must be very low. Compute the probability of all 7 being large cap.

Identify key components of a well-rounded fitness program.
Recognize factors and demographics that could influence an individual's level of physical activity.
Choose appropriate assistive devices for patients with mobility issues.
Apply principles of proper body mechanics to prevent injury and promote safety in both personal and professional care contexts.

Definitions:

Preamble

It is the introductory part of a statute or constitution, setting forth the reasons and intent of the law or constitution.

Ratification

The formal validation or approval of an agreement, treaty, or constitutional amendment, often requiring a set procedure or legislative vote.

Constitution

Primary regulations or authoritative standards that oversee the conduct of a state or another type of organization.

The Federalist

Collection of eighty-five essays that appeared in the New York press in 1787–1788 in support of the Constitution; written by Alexander Hamilton, James Madison, and John Jay and published under the pseudonym “Publius.”

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