Mathematics, 03.03.2020 00:32, 2005AngelMoore

A certain new type of business succeeds 60% of the time. Suppose that 3 such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent). The probability that all 3 businesses succeed is:

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A certain new type of business succeeds 60% of the time. Suppose that 3 such businesses open (where...