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A certain type of new business succeeds 60% of the time. Suppose that three such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent) . Which of the following distributions would you use to determine the probability that all of them will fail?
Catharsis
A process of releasing and thereby providing relief from strong or repressed emotions, often through art, drama, or psychological means.
Humanistic Therapies
A group of psychotherapies that emphasize personal growth and the concept of self-actualization.
Psychoanalysis
A therapeutic approach and theory of psychological disorders originated by Sigmund Freud that emphasizes unconscious conflicts and childhood experiences.
Client-Centered Therapy
A psychotherapeutic approach developed by Carl Rogers that emphasizes the importance of creating a supportive, non-judgmental environment to facilitate a client's growth and self-discovery.
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