Final answer:
The properties of the Hypergeometric Distribution include its distinct formula, characteristics, mean (expected value), and variance. While not directly available in Excel, it can still be utilized through other means.
Step-by-step explanation:
The correct properties associated with the Hypergeometric Distribution are as follows: The formula for this distribution, its various characteristics, the mean (also known as the expected value), and the variance (from which the standard deviation can be derived). In the context of Microsoft Excel, while there is no direct Hypergeometric Distribution function, one can use various Excel functions and combinations thereof to work with this distribution or perform similar calculations.
The Hypergeometric Distribution is used in situations where you have a finite population and are taking samples without replacement. You are concerned with a group of interest from this population, and each selection is dependent on the previous one because the population size decreases as samples are taken.