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Based on a Comcast Survey, There Is a 0

question 58

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Based on a Comcast survey, there is a 0.8 probability that a randomly selected adult will watch prime-time TV live, instead of online, on DVR, etc. Assume that seven adults are
Randomly selected. Find the probability that fewer than three of the selected adults watch
Prime-time live.


Definitions:

Operating Activities

Operating activities are daily business functions related to producing and selling goods or services, which are reflected in a company's cash flow.

Net Income

The total profit of a company after subtracting all expenses, taxes, and losses from total revenue.

Comparative Balance Sheets

Financial statements that present the financial position of an entity at different points in time, side by side, to facilitate comparison.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

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