Consider a binomial probability distribution with p = 0.35 and n = 8. Determine the following probabilities:
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Consider a binomial probability distribution with p = 0.35 and n = 8. Determine the following probabilities:
a. Exactly three successes
b. Less than three successes
c. Six or more successes DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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