An institutional investor is considering a large investment in two of five companies. Suppose that, unknown to the investor, two of the five firms are on shaky ground with regard to the development of new products.
a. List the possible outcomes for this situation.
b. Determine the probability of choosing two of the three firms that are on better ground.
c. What is the probability of choosing one of two firms on shaky ground?
d. What is the probability of choosing the two shakiest firms?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.