Find the probability of exactly eight successes
For 11 repeated independent trials, with constant probability of success 0.4 for all trials, find the probability of exactly 8 successes. Round answer to four decimal places.
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Becker Company has two divisions, Hawley and Rollag. Hawley produces an item that Rollag could use in its production. Rollag currently is purchasing 25,000 units from an outside supplier for $15 per unit.
For 11 repeated independent trials, with constant probability of success 0.4 for all trials, find the probability of exactly 8 successes.
Ahi Corporation is one of your clients in Hawaii. The company had a good year last year and owes the IRS $100,000,000, due on March 15. There are no penalties or interest due to the IRS.
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