A binomial experiment with probability of success p=0.8 and n=7 trials is conducted. What is the probability that the experiment results in exactl successes? Do not round your intermediate computations, and round your answer to three decimal places. (If necessary, consult a list of formulas.) X 3 ?

MATLAB: An Introduction with Applications
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### Problem Statement from Educational Website

A binomial experiment with probability of success \( p = 0.8 \) and \( n = 7 \) trials is conducted. What is the probability that the experiment results in exactly 4 successes?

**Instructions:**
- Do not round your intermediate computations.
- Round your answer to three decimal places.
- If necessary, consult a [list of formulas](URL link to formulas).

**Input Field:**
[                                                        ]

**Buttons:**
- [ x ]
- [ ↻ ]
- [ ? ]

This problem is designed to test your understanding of binomial probability distributions. Please follow the instructions carefully and ensure your final answer is as precise as required.
Transcribed Image Text:### Problem Statement from Educational Website A binomial experiment with probability of success \( p = 0.8 \) and \( n = 7 \) trials is conducted. What is the probability that the experiment results in exactly 4 successes? **Instructions:** - Do not round your intermediate computations. - Round your answer to three decimal places. - If necessary, consult a [list of formulas](URL link to formulas). **Input Field:** [ ] **Buttons:** - [ x ] - [ ↻ ] - [ ? ] This problem is designed to test your understanding of binomial probability distributions. Please follow the instructions carefully and ensure your final answer is as precise as required.
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