Three different representatives to visit what is probability

Reference no: EM13334410

In the 113th Congress, the United States House of Representatives has 78 women representative with 59 being democrats and 19 being republicans. If a lobbyist for AARP randomly selects three different representatives to visit what is the probability that:

a. All of the representatives would be women?
b. Two of the representatives would be women?
c. All would be women and republican provided the lobbyist was only going to select from the women representatives?

The Zero Mutual Fund Company has an Insider Trading Mutual Fund that is supposed to sell for $10 a share. When the selling prices per share on 1000 transactions were randomly selected, they revealed that the mean selling price was $10 with a standard deviation of $1. Assuming a symmetrical distribution for the selling price per share, solve the following problems:
a. What percent of the shares sold for $12 or more?
b. What percent of the shares sold for $8 or less?
c. What percent of the shares sold between $9 and $11?
d. What percent of the shares sold for $8 to $9?

Reference no: EM13334410

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