Question: Problem 1 (2 points). A successful venture-capital firm notes that it provides financing for only 30% of the proposals it reviews. This year it reviews

Problem 1 (2 points). A successful venture-capital firm notes that it provides financing for only 30% of the proposals it reviews. This year it reviews 120 proposals. a/ What is the probability that at least 30 of the 120 proposals submitted will receive financing? b/ What is the probability that the number of proposals receiving financing will be between 40 and 60

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