Concept explainers
Your stockbroker is free to take your calls about 60% of the time; otherwise, he is talking to another client or is out of the office. You call him at five random times during a given month. (Assume independence.)
(a) What is the
(b) What is the probability that he will accept exactly three of your five calls?
(c) What is the probability that he will accept at least one of the calls?
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