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A stock broker is trading on 8 consecutive days. She can make either profit or loss in each day. She is expected to make profit
A stock broker is trading on 8 consecutive days. She can make either profit or loss in each day. She is expected to make profit on 3.7 number of days. We assume that her daily investing outcomes are statistically independent.
What is the probability of her making profit on a single day?
a.
0.080
b.
0.400
c.
0.185
d.
0.463
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