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There is a .02 probability that a customer's Visa charge will be rejected at a certain Target store because the transaction exceeds the customer's credit limit. What is the probability that the first such rejection occurs on the third Visa transaction?


Definitions:

Posterior Cruciate Ligament

A ligament in the knee that connects the femur to the tibia, helping to stabilize the knee joint.

Medial Collateral Ligament

A ligament located on the medial (inner) side of the knee, providing stability to the joint.

Costochondral Joint

The articulation between the end of a rib and the costal cartilage that attaches the rib to the sternum, allowing for some movement and flexibility.

Stylomandibular Ligament

The stylomandibular ligament is a band of fibrous tissue that extends from the styloid process of the temporal bone to the angle of the mandible, playing a role in the support of the jaw.

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