Posted: January 13th, 2016

Consider an experiment that results in a positive outcome with probability 0.38 and a negative outcome with probability 0.62. Create a new experiment consisting of repeating the original experiment 3 times. Assume each repetition is independent of the others. What is the probability of three successes?

. Consider an experiment that results in a positive outcome with probability 0.38 and a negative outcome with probability 0.62. Create a new experiment consisting of repeating the original experiment 3 times. Assume each repetition is independent of the others. What is the probability of three successes?

A. 0.762

B. 0.055

C. 1.14

D. 0.238