Thirty Percent of the CFA Candidates Have a Degree in Economics

question 144

Multiple Choice

Thirty percent of the CFA candidates have a degree in economics. A random sample of three CFA candidates is selected. What is the probability that at least one of them has a degree in economics?

• A) 0.300
• B) 0.343
• C) 0.657
• D) 0.900

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Definitions:

Emotion

A complex psychological state involving an individual's subjective experience, physiological response, and behavioral or expressive patterns.

Bulimia Nervosa

An eating disorder marked by binge eating followed by methods to avoid weight gain such as vomiting, excessive exercise, or fasting.

Binges

Episodes of excessive indulgence, typically relating to eating or drinking, beyond the point of feeling satiated.

Disgust

An intense feeling of aversion or revulsion typically elicited by something perceived as unpleasant or offensive.