Question: A venture capitalist invests in startup technology companies. She expects about 5% of these companies to be successful What is the probability that she will

A venture capitalist invests in startup technology companies. She expects about 5% of these companies to be successful

What is the probability that she will have to invest in more than

four companies before she comes upon one that is successful?

The probability is___

How many companies should she expect to have to invest in before she comes upon one that is successful?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

A venture capitalist invests in startup technology companies. She expects about 10% of these companies to be successful. (a) What is the probability that she will have to invest in more than four...

Q:

b A venture capitalist Invests In startup technology companies. She expects about 5% of these companies to be successful. Complete parts (a) through to} below. (a) What Is the probability that she...

Q:

A venture capitalist invests in startup technology companies. She expects about 5% of these companies to be successful. a.) What is the probability that she will have to invest in more than seven...

Q:

A venture capitalist invests in startup technology companies. She expects about 1 2 . 5 % of these companies to be successful. Complete parts ( a ) through ( c ) below.

Q:

QUESTION 2 (20 marks) What was the business situation of Yeayyy.com by end 2014? Use SWOT-TOWS matrix to support your analysis of the companys situation. Answer ALL FIVE (5) ROWS Zoom Window Macros...

Q:

Yeayyy.com: venturing into mobile app business Gearing up for the future Yeayyy.com was incorporated as a private limited company in February 2010. Its office was located in Bandar Baru Bangi,...

Q:

If you were Mr Hazmin, what would you do? Based on the analysis of the companys current situation and problem, suggest suitable strategies for Yeayyy.com. Yeayyy.com: venturing into mobile app...

Q:

Suppose that start-up companies in the area of biotechnology have probability 0.2 of becoming profitable, and that those in the area of information technology have probability 0.15 of becoming...

Q:

1. Suppose that start-up companies in the area of biotechnology have probability 0.2 of becoming profitable and that those in the area of information technology have probability 0.15 of becoming...

Q:

Suppose that start-up companies in the area of biotechnology have probability 0.2 of becoming profitable and that those in the area of information technology have probability 0.15 of becoming...

Q:

You are planning the staffing of maintenance technicians at a printing plant which operates on three shifts. You can use up to 8 possible technicians, each of whom can be assigned to at most one...

Q:

Indian Metals Corporations Operations Ethics Case Study (1996) Question. john wanddered , realistically if the plant could ever be changed; if you were to carry out improvements at the plant, what...

Q:

2. A firms product sells for $4 per unit in a highly competitive market. The firm produces output using capital (which it rents at $25 per hour) and labor (which is paid a wage of $30 per hour under...

Q:

Which of the following best describes the primary objective of a Strategic Audit ( 1 Point ) * To understand the competitiveness of a company and ensure their strategic plans are relevant and...

Q:

4.47 A company receives a very large shipment of components. A random sample of 16 of these components will be checked, and the shipment will be accepted if fewer than 2 of these components are...

Q:

Andrew Whittaker, computer center manager, reports that his computer system experienced three component failures during the past 100 days. a. What is the probability of no failures in a given day? b....

Q:

4.41 A small commuter airline flies planes that can seat up to 8 passengers. The airline has determined that the probability that a ticketed passenger will not show up for a flight is 0.2. For each...