Let the probability of success on a bernoulli trial be 030, Financial Management

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Let the probability of success on a bernoulli trial be 030

Let the probability of success on a Bernoulli trial be 0.30. a. In five Bernoulli trials, what is the probability that there will be 4 failures? (Do not round intermediate calculations. Round your final answers to 4 decimal places.) Probability b. In five Bernoulli trials, what is the probability that there will be more than the expected number of failures? (Do not round intermediate calculations. Round your final answers to 4 decimal places.) Probability

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Financial Management: Let the probability of success on a bernoulli trial be 030

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Financial Management: Let the probability of success on a bernoulli trial be 030

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