Question: A venture capitalist invests in startup technology companies. She expects about 55% of these companies to be successful. Complete parts (a) through (c) below. (a)

A venture capitalist invests in startup technology companies. She expects about 55% of these companies to be successful. Complete parts (a) through (c) below.

(a) What is the probability that she will have to invest in more than three companies before she comes upon one that is successful? Be sure to state any assumptions that you make. The probability is nothing. (Round to four decimal places as needed.)

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