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An oil company estimates that only 1 well in 25 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If
An oil company estimates that only 1 well in 25 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If 12 wells are drilled, find the probability of obtaining a commercially successful well for the following number of times. (Round your answer to six decimal places.) EXACTLY 3
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