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It Is Very Common for a Television Series to Draw

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Short Answer

It is very common for a television series to draw a large audience for special events or for cliff-hanging story lines.Suppose that on one of these occasions,the special show drew viewers from 38.2% of all TV-viewing households.Suppose that three TV-viewing households are randomly selected.
-What is the probability that none of the three households viewed this special show?


Definitions:

Quoted Price

The stated price at which an asset or service can be bought or sold in the market.

Semi-Annual Interest

Interest on a loan or investment calculated twice a year.

Inflation

The rate at which the general level of prices for goods and services rises, eroding purchasing power.

Semi-Annual Coupon

A bond or fixed-income security that pays interest to its holder twice a year.

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