A Pension Plan Gives You 12 Possible Funds to Invest

question 44

Short Answer

A pension plan gives you 12 possible funds to invest in,but you are only allowed to hold four at any given point in time.How many possible combinations of the 12 funds could you have in your portfolio?

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Definitions:

Left-Handed People

Individuals who predominantly use their left hand for activities requiring fine motor skills, such as writing and eating.

Predictive Validity

The extent to which a score on a scale or test predicts future performance or behavior.

GRE Quantitative Scores

Scores from a standardized test section measuring mathematical reasoning, problem-solving skills, and understanding of basic concepts of arithmetic, algebra, geometry, and data analysis.

Test Bias

Refers to the presence of some characteristic of an item in the test that results in different outcomes for individuals belonging to different groups, not directly related to the characteristic being measured.