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A new office complex consists of 10 office suites, each of which is rented for 3 years. There is a 15 percent chance that any
A new office complex consists of 10 office suites, each of which is rented for 3 years. There is a 15 percent chance that any one office suite will be vacated before the 3-year lease is up.
a. What is the probability that at least one suite will be vacated before the leases expire?
b. What is the probability that no more than one suite will be vacated before the leases
expire?
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