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An oil company estimates that only 1 well in 25 will yield commercial quantities of oil. Assume that successfully drilled wells represent independent events. If

An oil company estimates that only 1 well in 25 will yield commercial quantities of oil. Assume that successfully drilled wells represent independent events. If 8 wells are drilled, find the probability of obtaining a commercially successful well for the following number of times.

exactly 3

(Round to six decimal places.)

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