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question 64

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Assume that there is a 0.05 probability that a sports playoff series will last four games, a 0.45 probability that it will last five games, a 0.45 probability that it will last six games, and a 0.05 probability that it will last seven games. Is it unusual for a team to win a series in 7 games?


Definitions:

Innovator Segment

The innovator segment refers to a portion of the market consisting of consumers who are the first to adopt new products or technologies.

Laggard Segment

A group within a market that adopts new products or technologies much later than others.

Antisocial Personality Disorder

A mental disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Substance Abuse Disorders

Disorders related to the excessive use of harmful substances, including alcohol and drugs.

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