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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

Statistics

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

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