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Find the probability that exactly 2 of the 3 products

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Reference no: EM132738539

A company markets educational software products and is ready to place three new products on the market. Past experience has shown that for this particular software, the chance of "success" is 80%. Assume that the probability of success is independent for each product.

i) Find the probability that exactly 2 of the 3 products is successful.

ii) Find the probability that at least 1 product is successful.

Reference no: EM132738539

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