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Problem7: Let's say that 70% of all business startups in the IT industry report that they generate a profit in their first year. If a
Problem7: Let's say that 70% of all business startups in the IT industry report that they generate a profit in their first year. If a sample of 10 new IT business startups is selected 1) Find the probability that exactly seven will generate a profit in their first year. 2) Find the probability that more than three will generate a profit in their first year
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