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The "Dogs of the Dow" are the stocks listed on the Dow with the hig ten stocks of the "Dogs of the Dow" list for 2015, based on their per Price ($) Symbol T VZ CVX MCD PFE GE MRK CAT XOM КО Company AT&T Verizon Chevron McDonald's Pfizer General Electric Merck Caterpillar ExxonMobil Coca-Cola 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% If you selected two of these stocks at random, what is the probabilit 3 75% or more? (Enter your probability as a fraction)

The "Dogs of the Dow" are the stocks listed on the Dow with the hig ten stocks of the "Dogs of the Dow" list for 2015, based on their per Price ($) Symbol T VZ CVX MCD PFE GE MRK CAT XOM КО Company AT&T Verizon Chevron McDonald's Pfizer General Electric Merck Caterpillar ExxonMobil Coca-Cola 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% If you selected two of these stocks at random, what is the probabilit 3 75% or more? (Enter your probability as a fraction)

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. Price ($) Symbol T VZ CVX MCD PFE MRK CAT XOM Company ΚΟ AT&T Verizon GE General Electric Chevron McDonald's Pfizer Merck Caterpillar ExxonMobil Coca-Cola 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.75% or more? (Enter your probability as a fraction.)
Transcribed Image Text:The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. Price ($) Symbol T VZ CVX MCD PFE MRK CAT XOM Company ΚΟ AT&T Verizon GE General Electric Chevron McDonald's Pfizer Merck Caterpillar ExxonMobil Coca-Cola 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.75% or more? (Enter your probability as a fraction.)
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