Question: 5.48 In Example 5.7 above, a financial analyst was facing the task of selecting mutual funds to purchase for a client's portfolio. Suppose that the


5.48 In Example 5.7 above, 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 I is a growth fund? h. "at least I is a growth fund? c. 3 are growth fund? d. Compare the result of (o) to the result of Example 5.7
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