Question: I have no idea how to do this, please help me. A study showed that 28% of all firms in Country A are owned by

I have no idea how to do this, please help me.

A study showed that 28% of all firms in Country A are owned by women. You are phoning local businesses, assuming that the national percentage is true in your area. You call 3 firms. What is the probability that all three are owned by women
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
