Question: A financial analyst was facing the task of selecting mutual funds to purchase for a client's portfolio. Suppose that the number of funds had been

A financial analyst was facing the task of selecting mutual funds to purchase for a client's portfolio. Suppose that the number of funds had been narrowed to 12 funds instead of the 10 funds (still with 6 growth funds) in Example 5.7. What is the probability that of the 4 funds selected,
a. Exactly 1 is a growth fund?
b. At least 1 is a growth fund?
c. 3 are growth fund?
d. Compare the result of (c) to the result of Example 5.7.
For Information: In Example 5.7

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