A bond analyst was given a list of 15 corporate bonds. From that list, she selected 4 whose ratings she felt were in danger of being downgraded in the next year. In actuality, a total of 6 of the 15 bonds on the list had their ratings downgraded in the next year. Suppose that the analyst had simply chosen 4 bonds randomly from this list. What is the probability that at least 2 of the chosen bonds would be among those whose ratings were to be downgraded in the next year? The probability that at least 2 of the chosen bonds would be downgraded is. (Round to four decimal places as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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A bond analyst was given a list of 15 corporate bonds. From that list, she selected 4 whose ratings she felt were in danger of being downgraded in the next year. In
actuality, a total of 6 of the 15 bonds on the list had their ratings downgraded in the next year. Suppose that the analyst had simply chosen 4 bonds randomly from this
list. What is the probability that at least 2 of the chosen bonds would be among those whose ratings were to be downgraded in the next year?
The probability that at least 2 of the chosen bonds would be downgraded is
(Round to four decimal places as needed.)
Transcribed Image Text:A bond analyst was given a list of 15 corporate bonds. From that list, she selected 4 whose ratings she felt were in danger of being downgraded in the next year. In actuality, a total of 6 of the 15 bonds on the list had their ratings downgraded in the next year. Suppose that the analyst had simply chosen 4 bonds randomly from this list. What is the probability that at least 2 of the chosen bonds would be among those whose ratings were to be downgraded in the next year? The probability that at least 2 of the chosen bonds would be downgraded is (Round to four decimal places as needed.)
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