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According to Data from the State Blood Program,40 Percent of All

question 122

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According to data from the state blood program,40 percent of all individuals have group A blood.If six individuals give blood,find the probability that exactly three of the individuals have group A blood.


Definitions:

Geometric Series

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Infinite

Without limit or end; extending beyond measure or comprehension.

Terms

Conditions and stipulations that are specified as part of an agreement or contract.

Rational Investor

An individual who makes decisions by maximizing expected utility, based on consistent preferences and available information.

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