Labor negotiations estimate that 30 percent of all major

Reference no: EM1316461

Find the probability using binomial distribution.

Labor negotiations estimate that 30 percent of all major contract negotiations result in a strike. During the next year, 12 major contracts must be negotiated. Determine the following probabilities;

[a] no major strikes

[b] At least 5

[c] Between 2 and 4 inclusive [that is 2, 3 or 4]

Reference no: EM1316461

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