Find the Indicated Probability

question 115

Multiple Choice

Find the indicated probability. Round to three decimal places.
-The participants in a television quiz show are picked from a large pool of applicants with approximately equal numbers of men and women. Among the last 11 participants there have been only 2 women. If participants are
Picked randomly, what is the probability of getting 2 or fewer women when 11 people are picked?

• A) 0.033
• B) 0.032
• C) 0.006
• D) 0.027

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Definitions:

Average Total Assets

The mean value of all assets owned by a company over a specific period, used in financial analysis to gauge the company's asset use efficiency.

Profitability Index

A calculation used to determine the relative profitability of a project by dividing the present value of future expected cash flows by the initial investment.

Present Value

The current worth of a future sum of money or cash flows, given a specified rate of return.

Internal Rate Of Return

The percentage rate that equalizes the net present value of a project's cash flows to zero.