Question: Answer all questions with explanation John Doe has a cottage on Lake Muskoka, where the weather causes much property damage during the winter. In fact,

Answer all questions with explanation

Answer all questions with explanation John Doe has a cottage on Lake

John Doe has a cottage on Lake Muskoka, where the weather causes much property damage during the winter. In fact, there is a probability of 95% that the cottage will be damaged during the winter months. Assuming that the years are independent, compute the probability that there will be at most 4 winters in the next 30 years when the cottage is not damaged by the weather

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