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A team of 5 analysts is about to examine the earnings prospects of 20 corporatio

ID: 444289 • Letter: A

Question

A team of 5 analysts is about to examine the earnings prospects of 20 corporations. Each of the 5 analysts will study 4 of the corporations. These analysts are not equally competent. In fact, one of them is a star, having an excellent record of anticipating changing trends. Ideally, management would like to allocate the 4 corporations whose earnings will deviate most from past trends to this analyst. However, lacking this information, management allocates corporations to analysts randomly. What is the probability that at least 2 of the 4 corporations whose earnings will deviate most from past trends are allocated to the star analyst?

Explanation / Answer

to allocate atleast 2 out of 4 are only 25%

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