Grocery Stores: New Products The Denver Post stated that 80% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 66 new products, what is the probability that within 2 years

(a) 47 or more fail?

(b) 58 or fewer fail?

(c) 15 or more succeed?

(d) fewer than 10 succeed?

AppendixLO1