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A Stock Analyst Was Provided with a List of 25

question 73

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A stock analyst was provided with a list of 25 stocks.He was expected to pick three stocks from the list whose prices are expected to rise by more than 20% after 30 days.In reality,the prices of only five stocks would rise by more than 20% after 30 days.If he randomly selected three stocks from the list,he would use what type of probability distribution to compute the probability that all of the chosen stocks would appreciate more than 20% after 30 days?


Definitions:

Extrinsic Documents

Documents that are not part of the original contract but are referenced and incorporated by implication or necessity.

Specification of Heirs

is the process or legal document in which a person designates who will inherit their assets after death.

Nuncupative Will

An orally delivered will, often made in anticipation of imminent death, and usually requiring witnesses, with legal recognition varying by jurisdiction.

Notarial Will

A will that is drafted and executed with formalities dictated by law, often involving a notary and witnesses.

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