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: 38

Answer

The maximum number of companies that can be listed on NASDAQ is 12,338,352.

Work Step by Step

With 4 letters: $26\times26\times26\times26=456,976$ possibilities. With 5 letters: $26\times26\times26\times26\times26=11,881,376$ possibilities. Total: $456,976+11,881,376=12,338,352$ possibilities.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.