The Value Line Survey a service for common stock investors

Last updated: 10/6/2023

The Value Line Survey a service for common stock investors provides its subscribers with up to date evaluations of the prospects and risks associated with the purchase of a large number of stocks Each stock is ranked 1 highest to 5 lowest according to Value Line s estimate of the stock s potential for price appreciation during the next 12 months Suppose you plan to purchase stock in three electrical utility companies from among eight that possess rankings of 2 for price appreciation Unknown to you two of the companies will experience serious difficulties with their nuclear facilities during the coming year If you randomly select the three companies from among the eight what is the probability that you select one of the companies with prospective nuclear difficulties a 15 28 b 3 28 c 3 14 d 5 14 e 9 14