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In a Market of 2,000 Investors Who Each Year Flip

Question 104

Multiple Choice

In a market of 2,000 investors who each year flip a coin to predict market success or failure, how many investors will have been consistently right after five years? Assume the coin tosses yield heads exactly 50 percent of the time.


A) 31
B) 62
C) 500
D) 1,000

Correct Answer:

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