1. As a reward for a record year, the Ace

1. As a reward for a record year, the Ace Software Company is randomly selecting 4 people from its 500 employees for a free trip to Hawaii, but it will not pay for a traveling companion. If John and Jill are married and both are employees, what is the probability that they will both win?

2. The retirement plan for a company allows employees to invest in 10 different mutual funds. If Sam selected 4 of these funds at random and 6 of the 10 grew by at least 10% over the last year, what is the probability that 3 of Sam’s 4 funds grew by at least 10% last year?

 

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