The probability that all six of an executive's stock-option grants from 1995 to 2002 were dated just before a rise in the stock price (often at the bottom of a steep drop)is as small as 1 in 300 billion.

Question

Quizplus · Accepted Answer

The statement presents a specific probability that all six stock-option grants were dated just before a rise in the stock price, which is calculated as 1 in 300 billion. Therefore, the statement is true.

The Probability That All Six of an Executive's Stock-Option Grants