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Mathematics, 28.04.2021 17:00 sanafarghal

Given that a certain new type of business succeeds 60% of the time. A certain type of new business succeeds 60% of the time. Suppose that three such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent). The probability that all three businesses fail

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Given that a certain new type of business succeeds 60% of the time. A certain type of new business s...
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