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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anonymous
  • anonymous
@ayeshaafzal221 @dan815 @freckles
anonymous
  • anonymous
Can i help?
anonymous
  • anonymous
please!

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anonymous
  • anonymous
if you know how go for it @Redneckk__Lifee
anonymous
  • anonymous
ill try
anonymous
  • anonymous
@AlexandervonHumboldt2
anonymous
  • anonymous
Best Answer: 3 sequences of profit (P : PPx: 0.2*0.7*0.3 = .042 PxP: 0.2*0.3*0.4 = .024 xPP: 0.8*0.4*0.7 = .224 add to get ans of 0.29 <---------

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