Find probability client will increase value over next year

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Reference no: EM13146160

Suppose a stockbroker has recommended 8 stocks to a client. The client chooses to invest in 4 of these stocks at random. If five of the recommended stocks will increase in value over the next year, determine the probability that at least half of the stocks selected by the client will increase in value over the next year. Explain.

Reference no: EM13146160

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