Consider a binomially distributed random variable constructed from a series of 8 trials with a 60% chance of success on any given trial. Calculate the probability that there are fewer than 3 successes. Report your answer as a percentage, rounded to 1 decimal place. Your Answer: Answer units

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Consider a binomially distributed random variable constructed from a series of 8
trials with a 60% chance of success on any given trial. Calculate the probability that
there are fewer than 3 successes.
Report your answer as a percentage, rounded to 1 decimal place.
Your Answer:
Answer
units
Transcribed Image Text:Consider a binomially distributed random variable constructed from a series of 8 trials with a 60% chance of success on any given trial. Calculate the probability that there are fewer than 3 successes. Report your answer as a percentage, rounded to 1 decimal place. Your Answer: Answer units
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