Question a george kelly wishes to elect 5 of the 13, Ask an Expert

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Question: a. George Kelly wishes to elect 5 of the 13 directors on the Data Processing Corp. board. There are 98,000 shares of the company's stock outstanding. How many shares will be required to accomplish this goal?

b. Jennifer Wallace owns 60,001 shares of stock in the Newcastle Corp. There are 12 directors to be elected with 195,000 shares outstanding. How many directors can Jennifer elect?

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Category:- Statistics and Probability
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