If you are offered 20 to draw a red ball from a bag that, Finance Basics

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If you are offered 20 to draw a red ball from a bag that

1. How many teams of five students each can be formed in a class of 15 students?

2. Calculate 4C₂ and 5C₃.

3. If you are offered $20 to draw a red ball from a bag that contains six green balls, two blue balls, and two red balls, how much would you be willing to pay for a ticket to draw?

4. What would the correlation coefficient be between x and y above?

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Finance Basics: If you are offered 20 to draw a red ball from a bag that

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Finance Basics: If you are offered 20 to draw a red ball from a bag that

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