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As a Result of the Financial Crisis on Wall Street

Question 174

Multiple Choice

As a result of the financial crisis on Wall Street in September 2008 that required federal government intervention, a survey showed that 40% of Americans reallocated their investments to reduce exposure to the stock market.What is the probability that out of 5 randomly selected Americans, none will have reallocated their investments in this way?


A) 0.2592
B) 0.8154
C) 0.1699
D) 0.0778
E) 0.1234

Correct Answer:

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