Answer:
0.216
Step-by-step explanation:
Given that a certain new type of business succeeds 60% of the time.
3 such businesses are tested for success.
Since these three businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent). we can say X no of successful businesses is Binomial
with p = 0.6 and n =3
Required probability
=The probability that all 3 businesses succeed is:
=
I think its 3 - (0,10, 42)
if you put in the values of the given x, then these are the resulting y values.
How many times does 12 go into 60?
5 times.
What is 100/5?
20
So, 20%.
You could also just divide 12/60 then get .2 and then realize that it is the same as .20 and that is the same as 20%.
15.48 + 5.16 = p because you have to do the reverse. to find "p" you have to add the amount you subtracted.