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Homework answers / question archive / In economics, of all new products put on the market, 60% failed and are taken off the market within 2 years
In economics, of all new products put on the market, 60% failed and are taken off the market within 2 years. Suppose a store introduces 80 new products. What is the probability that within 2 years at least 56 will fail?
OPTIONS
0.3669
0.3661
0.9564
0.0436