MAS202_-_FA_2023_-_FE_1041.webp
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MAS202_-_FA_2023_-_FE_1041.webp

  • Media owner Naoya761
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(Choose 1 answer)
A certain type of new business succeeds 60% of the time. Suppose that 3 such businesses open (where they do not compete, so it is reasonable to believe that their relative successes would be independent).
The probability that all 3 businesses succeed is
A. 0.216
B. 0.364
C. 0.784
D. 0.636


5

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MAS202_-_FA_2023_-_FE_1041.webp
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