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There are 3 radar stations and the probability of a single radar station detecting an enemy plane is 0.65 and the probability of not detecting an enemy plane is 0.35. What is the probability that the number of stations that detect a plane is no more than 2? Round your answer to nearest hundredth.
Sarbanes-Oxley Act
A U.S. federal law established to protect investors from fraudulent financial reporting by corporations.
Financial Statements
Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and statement of cash flows.
Securities and Exchange Commission
The Securities and Exchange Commission (SEC) is a U.S. federal agency responsible for regulating the securities industry and protecting investors by enforcing laws against market manipulation.
Chief Financial Officer
The senior executive responsible for managing the financial actions of a company, including financial planning, risk management, and financial reporting.
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