Compute At-least Probabilities
-Investment in new issues (the stock of newly formed companies) can be both suicidal and rewarding. Suppose that of 300 newly formed companies in 1990 , only 16 appeared to have outstanding prospects. Suppose that you had selected two of these 300 companies back in 1990 . Find the probability that at least one of your companies had outstanding prospects.
A)
B)
C)
D)
Correct Answer:
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