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Basic Question 3 of 10
A portfolio has 10 stocks. Each stock can be sold or kept in the portfolio. What is the number of possible outcomes?
B. 524
C. 1024
A. 20
B. 524
C. 1024
User Contributed Comments 4
| User | Comment |
|---|---|
| vincenthuang | 2*2*2*2*2*2*2*2*2*2 |
| surob | Can someone give more detailed explanation? |
| AusPhD | two choices (in or out) for each stock |
| viannie | 2 possible outcome for each stock; 10 stocks; therefore number of outcomes from these 10 stocks = 2x2x2 .... (power of 10) stock #1 = 2 outcomes; stock #2 = 2 outcomes etc |
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Colin Sampaleanu
Learning Outcome Statements
identify the most appropriate method to solve a particular counting problem and analyze counting problems using factorial, combination, and permutation concepts.
CFA® 2024 Level I Curriculum, Volume 1, Module 3.