Answer Happy

Answer each of the following questions. Show your work. You can only post once. Once you submit your response, you will be able to view what other students have posted. Let's say that 72% of all business startups in the IT industry report that they generate a profit in their first year. A sample of 8 new IT business startups is selected a) find the probability that exactly four of them will generate a profit in their first year. b) find the probability that none of them will generate a profit in their new first year. c) find the probability that at most four of them will generate profit in their new first year. d) what is the mean of the binomial distribution? e) what is the standard deviation of the binomial distribution?