Instruction 5.5
A certain type of new business succeeds 60% of the time. Suppose that three such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent).
-Referring to Instruction 5.5,the probability that all three businesses fail is ______

Question

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The Answer of Instruction 5.5
A certain type of new business succeeds 60% of the time. Suppose that three such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent).
-Referring to Instruction 5.5,the probability that all three businesses fail is ______

Instruction 5.5 a Certain Type of New Business Succeeds 60% of the of the Time