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Alek Hsiang Alek Hsiang
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4 years ago
Suppose there is a 38% chance that a risky stock investment will end up in a total loss of your investment. Because the rewards are so high, you decide to invest in three independent risky stocks. What is the probability that all three stocks end up in total losses?
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Edition: 12th
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jfinn1021jfinn1021
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4 years ago
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