anonymous
  • anonymous
Assume that the business makes a profit with probability 0.4 in the first year. For each year thereafter, the business makes a profit with probability 0.6 if it made a profit in the previous year, and with probability 0.2 if it did not make a profit in the previous year. What is the probability that the business makes a profit in exactly two of its first three years?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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carlyleukhardt
  • carlyleukhardt
0.228 is the answer
anonymous
  • anonymous
that was wrong @carlyleukhardt

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