Question
The probability that an American CEO can transact business in a foreign language is .20. Ten American CEOs are chosen at random. (a) What is
| The probability that an American CEO can transact business in a foreign language is .20. Ten American CEOs are chosen at random. |
| (a) | What is the probability that none can transact business in a foreign language? (Round your answer to 4 decimal places.) |
| Probability |
| (b) | What is the probability that at least two can transact business in a foreign language? (Round your answer to 4 decimal places.) |
| Probability |
| (c) | What is the probability that all 10 can transact business in a foreign language? (Round your answer to 10 decimal places.) |
| Probability |
|
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
