A portfolio manager annually outperforms her benchmark 6 0 percent of the time. Assuming independent annual trials,
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A portfolio manager annually outperforms her benchmark percent of the time. Assuming independent annual trials, what is the probability that she will outperform her benchmark four or more times over the next five years?
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Management Leading And Collaborating In The Competitive World
ISBN: 9780078137242
9th Edition
Authors: Thomas Bateman, Scott Snell
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