| Q1. A very large company has equal amounts of male and female employees. If a random sample of four employees is selected, what is the probability that all four employees selected are female?
		 A)   0.0256 B)   0.1600 C)   0.0625. 
 
   Q2. A joint probability of A and B must always be: A)   greater than or equal to the conditional probability of A given B. B)   less than or equal to the conditional probability of A given B. C)   less than the probability of A and the probability of B. 
 
 Q3. Which of the following is a joint probability? The probability that a: A)     stock pays a dividend and splits next year. B)     company merges with another firm next year. C)     stock increases in value after an increase in interest rates has occurred. 
 
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