Instruction 5-2
A certain type of new 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).
-Referring to Instruction 5-2,the probability that all 3 businesses fail is ________.

Question

Quizplus · Accepted Answer

The Answer of Instruction 5-2
A certain type of new 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).
-Referring to Instruction 5-2,the probability that all 3 businesses fail is ________.

Instruction 5-2 a Certain Type of New Business Succeeds 60% of the of the Time.Suppose