A Major Retailer in Australia Wishes to Form a Team

question 63

Multiple Choice

A major retailer in Australia wishes to form a team of 16 executives from different departments within the company.Suppose the company has a total of 60 executives,and 20 of these are from the marketing department.If the members of the team are to be selected at random,what type of probability distribution can be used to figure out the probability that the team will contain four executives from the marketing department?

• A) Binomial distribution.
• B) Poisson distribution.
• C) Hypergeometric distribution.
• D) None of the above.

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Definitions:

Dual-Class Shares

Dual-class shares are a type of stock structure where different classes of shares provide different rights, typically voting power, to shareholders.

Stock Valuation Model

A method or approach used to estimate the intrinsic value of a stock, helping investors decide whether to buy, sell, or hold the stock.

Required Rate of Return

The minimum return an investor expects to receive for investing in a particular asset, considering its risk level.

Constant Growth Rate

In finance, it refers to a steady, unchanging rate at which a company's dividends or earnings are expected to grow over time.