Probability of all three selected are cpa

Assignment Help Basic Statistics

Reference no: EM1395576

The accounting association has 15 members, 10 of which are CPAs. The members are to be selected to study ways to increase membership. What is the probability of all three selected are CPAs?

I tried to calculate by multiplying (10/15)*(9/14)*(8/13) and came up with .264. But the answer given on the quiz is .736

Am I suppose to subtract .264 by 1? Can you show me the proper way to calculate this probabilty?

Reference no: EM1395576

Questions Cloud

Determininig phenotypic ratio : In cucumbers, a black spine color on the fruit is dominant to white spines and orange mature fruit color is dominant to cream mature fruit color. Both are monogenic traits.

Financial institutions assets and pretax profit : A study of 20 worldwide financial institutions showed the correlation between their assets and pretax profit to be .86. At the .05 significance level

Which one restriction enzyme satisfies the requirements list : which one restriction enzyme satisfies all three of the requirements listed below? - bamHI only - ECori Only - Hae III only - HindIII only - bamHI and Ecori - bamHI and Hae III - bamHI , Ecori, and Have III -

Elucidate the evidence to determine approach was effective : Identify the approach Bivens used (an economic or an organizational development approach) to create change. Elucidate the evidence to determine whether or not the approach was effective.

Probability of all three selected are cpa : The accounting association has 15 members, 10 of which are CPAs. The members are to be selected to study ways to increase membership. What is the probability of all three selected are CPAs?

Differentiate between correlation and causation : Differentiate between correlation and causation. What are the practical applications? How would it be used in the workplace?

Autosomal dominant monogenic trait in cats : Curled ears is an autosomal dominant monogenic trait in cats conditioned by gene C. A heterozygous curl cat is bred with a normal eared cat.

Explain how the relationship among labour-management : Explain how the relationship among labour, management might, also companies transform through the 21st century? Illustrate what might future generations demand as technology

Find spearman coefficient of rank correlation : Far West University offers both day and evening classes in business administration. One question in a survey of the students inquires how they perceive the prestige associated with certain careers.

User Account

All Pages