As a Result of the Financial Crisis on Wall Street

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