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A venture capitalist invests in startup technology companies. She expects about 5% of these companies to be successful What is the probability that she will
A venture capitalist invests in startup technology companies. She expects about 5% of these companies to be successful
What is the probability that she will have to invest in more than
four companies before she comes upon one that is successful?
The probability is___
How many companies should she expect to have to invest in before she comes upon one that is successful?
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