If she calls 10 investors, what is the probability that exactly 6 will be interested to invest in her new technology?
If she calls 10 investors, what is the probability that exactly 6 will be interested to invest in her new technology?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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Question
A capital firm has a list of potential investors who have previously invested in new technologies. On average, each investor invests in 18.3% of the technologies presented to them. An entrepreneur decides to call potential investors. If she calls 10 investors, what is the probability that exactly 6 will be interested to invest in her new technology?
Round all numbers (intermediate and final) to 4 decimal places.
Final answer should be with 4 decimal places (it should be a decimal number and not a percentage).
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