1 pt An investment manager have nine projects at hand three

(1 pt) An investment manager have nine projects at hand - three are domestic projects and six are overseas projects. He needs to choose two of them to invest. All projects have equally expected returns. Hence two projects will be randomly selected from the nine projects. Let X be the number of domestic projects selected. Then

A. X is not a Binomial random variable.
B. X?Bin(3,1/3)
C. X?Bin(6,1/3)
D. X?Bin(9,1/3)
E. X?Bin(9,2/3)

Solution

D. X?Bin(9,1/3)

(1 pt) An investment manager have nine projects at hand - three are domestic projects and six are overseas projects. He needs to choose two of them to invest. A

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site