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One Hundred Fund Managers Enter a Contest to See How

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One hundred fund managers enter a contest to see how many times in thirteen years they can earn a higher return than their competitors.The probability distribution of the number of successful years out of thirteen for the best performing money managers is One hundred fund managers enter a contest to see how many times in thirteen years they can earn a higher return than their competitors.The probability distribution of the number of successful years out of thirteen for the best performing money managers is   Out of this sample,chance alone would indicate that there is a ______ probability that someone would beat the market at least 11 times out of 13 years. A)  51.3% B)  65.9% C)  67.1% D)  10.83% Out of this sample,chance alone would indicate that there is a ______ probability that someone would beat the market at least 11 times out of 13 years.

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Definitions:

Intrinsic Motivation

The drive to perform activities for their own sake and for the personal rewards they bring, rather than for external rewards.

Extrinsic Motivation

A form of motivation driven by external rewards, such as money, grades, or recognition, rather than by inherent interest in the activity itself.

Autonomous Motivation

Self-motivation or intrinsic motivation that occurs when people feel they are in control of their motivation.

Controlled Motivation

Motivation that is externally controlled, such as when one is motivated to obtain a desired consequence or extrinsic reward.

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