Bernie Has Followed the Three Steps to Begin Mutual Fund

question 23

Multiple Choice

Bernie has followed the three steps to begin mutual fund investing and is ready to make the purchase. What are his choices in buying?

• A) Use a broker.
• B) Use a financial advisor.
• C) Buy direct.
• D) Buy through a mutual fund supermarket.
• E) all of the above

---

Definitions:

Poisson Probability

A distribution showing the probability of a given number of events happening in a fixed interval of time or space.

Distribution

The way in which data points are spread out or distributed across various values.

Discrete

Refers to a type of quantitative variable that can assume a countable number of distinct values, often representing categories or counts.

Random Variable

A random phenomenon's numerical outcomes manifested in a variable.