There Are Currently 18 Pit Bulls at the Pound

question 121

Multiple Choice

There are currently 18 pit bulls at the pound. Of the 18 pit bulls, four have attacked another dog in the last year. Joe, a member of the staff, randomly selects six of the pit bulls for his group. What is the probability that no more than two of the pit bulls in Joe's group attacked another dog last year?

• A) 0.0833
• B) 0.3235
• C) 0.5931
• D) 0.9167

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Definitions:

Portfolio

A group of various financial instruments such as stocks, bonds, commodities, and cash or cash-like assets, including mutual funds and exchange-traded funds.

Portfolio Diversification

An investment strategy that involves spreading investments across different financial assets to reduce risk.

Diverse Securities

A variety of financial instruments that an investor holds, including stocks, bonds, and commodities, to reduce risk through diversification.

Portfolio Weight

The percentage composition of a particular holding in comparison to the total investment amount.