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

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SCENARIO 5-2
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).
-Referring to Scenario 5-2,the probability that exactly 1 business succeeds is _____.

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Definitions:

Secure Attachment

A stable and healthy emotional bond between a child and their caregiver, characterized by trust and a sense of safety.

Development

The process of growth and change that humans go through over their lifespan, encompassing physical, cognitive, and socio-emotional changes.

Puberty

Marks the period in human development during which individuals attain sexual maturity and the ability to reproduce, accompanied by physical and hormonal changes.

General Changes

Broad modifications or alterations that are not specific to a single entity but affect a wider system or group.

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