THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 51

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
Suppose you know that the number of complaints coming into a phone center averages 4.2 every ten minutes.Assume that the number of calls follows the Poisson distribution.
-In a box of 16 chocolates,there are four chocolates with coconut filling.What is the probability of choosing four chocolates,none of which have coconut fillings?

• A)0.272
• B)0.264
• C)0.248
• D)0.236

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Definitions:

Portfolio's Beta

A measure of a portfolio's sensitivity to market movements, indicating how much the portfolio's value is expected to change with a change in the overall market.

S&P500 Value

Refers to the total market value of all stocks listed in the Standard & Poor's 500 Index, a commonly used representation of the U.S. equity market.

Futures Position

A commitment to buy or sell a specified amount of a commodity or financial instrument at a predetermined price at a specified time in the future.

FTSE 100 Futures

Financial contracts to buy or sell the FTSE 100 stock index at a predetermined future date and price, used for hedging or speculation on the direction of the UK stock market.