Julian Picks Winning and Losing Stocks by Tossing a Coin

question 64

Multiple Choice

Julian picks winning and losing stocks by tossing a coin (heads means winner, tails means loser) .To test his 'system', his friend gives him a list of 20 stocks, half of which doubled in value over the past 3 years (winners) and half of which lost half their value over the past 3 years (losers) .How likely is it that Julian properly classifies at least 80% of the stocks on the list?

• A).0201
• B).0059
• C).1201
• D).0952
• E).1028

---

Definitions:

SamSam

A type of ransomware utilized in cyber attacks to encrypt data on a victim's computer, demanding ransom payments for decryption keys.

Auditing

The systematic examination and assessment of systems, records, or processes to ensure compliance with standards, policies, or financial accuracy.

Interconnected

The state of being connected with each other, referring to systems, devices, or networks that communicate and work together.

Interdependent

Mutually reliant on each other, where the actions or outcomes of one entity or process affect another.