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b ) A survey conducted in a country revealed that 7 0 % of the IT businesses generated a profit within 5 years of start.

b) A survey conducted in a country revealed that 70% of the IT businesses generated a profit within 5
years of start. A sample of 15 IT businesses were taken. Find the probability that exactly 8 will generate
a profit in the first year.
c) A company conducted tests on charging times of various smart phones. It is reported that a phone will
work before it needs charging is normally distributed with a mean of 80 hours and a standard deviation of
13 hours. Find the probability that a randomly selected smart phone will need charging after 120 hours.

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