Solved

As a Result of the Financial Crisis on Wall Street

Question 15

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) .2592
B) .8154
C) .1699
D) .0778
E) .1234

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions