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Business, 10.02.2022 07:40 cristinaarmijo1

A company is going to release 12 monthly reports this year. Suppose the company has a 32% chance of beating analyst expectations each month. a. What is the probability that the company beats analyst expectations for exactly 8 months this year?
b. What is the probability the company beats analyst expectations more than half the time this year?
c. What is the expected number of times the company will beat analyst expectations this year?

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A company is going to release 12 monthly reports this year. Suppose the company has a 32% chance of...

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