Multiple Choice
A stock analyst was provided with a list of 25 stocks. He was expected to pick 3 stocks from the list whose prices are expected to rise by more than 20% after 30 days. In reality, the prices of only 5 stocks would rise by more than 20% after 30 days. If he randomly selected 3 stocks from the list, he would use what type of probability distribution to compute the probability that all of the chosen stocks would appreciate more than 20% after 30 days?
A) binomial distribution
B) Poisson distribution
C) hypergeometric distribution
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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