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describe the probability using binomial distribution

Labour negotiations estimate that 30% of completely major contract negotiations result in a strike. During the next year 12 major contracts should be negotiated. Determine the subsequent probabilities

1) No major strikes

2) At least 5

3) Between 2 and 4 inclusive i.e. 2, 3 or 4

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920157

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