A Company Markets Educational Software Products, and Is Ready to Place

question 82

Short Answer

A company markets educational software products, and is ready to place three new products on the market. Past experience has shown that for this particular software, the chance of "success" is 80%. Assume that the probability of success is independent for each product.
-Find the probability that none of the 3 products is successful.

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Definitions:

Interview End

The completion or conclusion of an interview process.

Nurse's Statement

A formal account or record made by a nurse, detailing observations and care provided to patients.

Open-Ended Questions

Questions that cannot be answered with a simple "yes" or "no," encouraging more detailed and informative responses.