A financial analyst is presented with Madison Christian Statistics

Question 2 / 22: A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of them have managed to become highly successful. He selected 3 companies from this group as the candidates for success. To analyze his ability to spot the companies that will eventually become highly successful, he will use what type of probability distribution?

A binomial distribution

B hypergeometric distribution

C Poisson distribution

D None of the above.

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Statistics Final Review

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