Guidance Missile System A missile guidance system has four fail-safe components. The probability of each failing is 0.05. Assume the variable is binomial. Find the following probabilities. Do not round intermediate values. Round the final answer to three decimal places.

b. More than two will fail.

Multiple-Choice Exam A student takes an 18-question, multiple-choice exam with five choices for each question and guesses on each question. Assume the variable is binomial.

The probability is extremely small or Large so the event is unlikely or likely