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PRMIA Exam 8002 Topic 1 Question 14 Discussion

Actual exam question for PRMIA's Mathematical Foundations of Risk Measurement :II exam
Question #: 14
Topic #: 1
[All Mathematical Foundations of Risk Measurement :II Questions]

On average, one trade fails every 10 days. What is the probability that no trade will fail tomorrow?

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Suggested Answer: B

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