Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 5 - Section 5.5 - Assess Your Understanding - Applying the Concepts - Page 306: 37

Answer

The maximum number of companies that can be listed on NYSE is 18,278.

Work Step by Step

With one letter: 26 possibilities. With two letters: $26\times26=676$ possibilities. With three letters: $26\times26\times26=17,576$ possibilities. Total: $26+676+17,576=18,278$ possibilities.
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