Binomial Distribution Formula is used to calculate probability of getting x successes in the n trials of The probability of obtaining x successes in n independent trials of a binomial experiment is given by...The 0.7 is the probability of success, p. Using the above value of n=4 with probability of success, p, as the tractor sales success average in part 5, what is the probability of at least two successes? Using the formula for the mean of the Binomial Distribution, what is the mean number of successes in part 6 above?

Sep 17, 2010 · A put option is considered in the money if the strike price is higher than the current stock price. Therefore, a 25 put on a stock priced at $24.50 is 50 cents in the money. So what happens to in ...

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