A stock portfolio contains 20 stocks Of these stocks, 10 are considered large cap stocks, 5 are mid cap, and 5 are small cap The portfolio manager has been asked by his client to develop a report that highlights 7 randomly selected stocks When she presents her report to the client, all 7 of the sto...

This is a situation in which the sampling will be performed ...

A stock portfolio contains 20 stocks. Of these stocks, 10 are considered large-cap stocks, 5 are mid

Question:

A stock contains 20 Of these 10 are considered “large-cap” 5 are “mid cap,” and 5 are “small cap.” The manager has been asked by his client to develop a report that highlights 7 randomly selected When she presents her report to the client, all 7 of the are large-cap The client is very suspicious that the manager has not randomly selected the She believes that the chances of all 7 of the being large cap must be very low. Compute the probability of all 7 being large cap and comment on the concerns of the client.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...