Question 1192704: a) A portfolio management expert is considering 12 stocks for investment. Only 5 stocks will be selected for inclusion in a portfolio How many different combinations of stocks can be considered?
Answer by ikleyn(52777) (Show Source):
You can put this solution on YOUR website! .
5 items can be selected from 12 items in = = 792 different ways.
It does not matter, what these items are: stocks, students, horses, teachers, cows, professors, cats, dogs, pencils, balls etc.
These numbers are called COMBINATIONS, the same name is used to denote this combinatorics conception.
Solved.
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On Combinations, see introductory lessons
- Introduction to Combinations
- PROOF of the formula on the number of Combinations
- Problems on Combinations
in this site.
Also, you have this free of charge online textbook in ALGEBRA-II in this site
- ALGEBRA-II - YOUR ONLINE TEXTBOOK.
The referred lessons are the part of this online textbook under the topic "Combinatorics: Combinations and permutations".
Save the link to this textbook together with its description
Free of charge online textbook in ALGEBRA-II
https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson
into your archive and use when it is needed.
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