Thirty Percent of the CFA Candidates Have a Degree in Economics

question 140

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 none of them has a degree in economics?

• A) 0.027
• B) 0.300
• C) 0.343
• D) 0.900

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Carrier

A company or individual that undertakes the professional conveyance of goods or people.

Identified

Recognized or distinguished as being a specific person or thing, often through the process of analysis or investigation.

Woodchipper

A machine that reduces wood into smaller woodchips, often used for clearing brush or recycling wood waste.

Forest Management LLC

A type of business entity that focuses on the sustainable management, conservation, and rehabilitation of forested land for economic, ecological, and social benefits.