Tiles with Each of the 26 Letters of the Alphabet

question 37

Multiple Choice

Tiles with each of the 26 letters of the alphabet printed on them are placed in a box. If five tiles are selected from the box, with replacement, what is the probability that the tiles selected will spell the word COUCH? The letters must be selected in the correct order. ​

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Definitions:

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Fair Value Through Other Comprehensive Income

An accounting treatment for certain investments that are measured at their fair value with changes recognized in other comprehensive income until the investment is sold or disposed of.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.

Other Comprehensive Income

Components of comprehensive income not included in net income, reflecting gains and losses that have not been realized through the income statement.