inemegansMei :mx3 Task 3: During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over 4 times. accordance with characteristine number of annual earnings increases for the next 10 years is modelled in of the binomial distribution. Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years. :t xest 00 2.U erit Josta adt.dty

Microeconomic Theory
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ISBN:9781337517942
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Chapter2: Mathematics For Microeconomics
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themepans i max
Task 3:
During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over
babive969 with characteristicsmber of annual earnings increases for the next 10 years is modelled in
4 times. Assume that the
accordance with
quote
of the binomial distribution.
Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years.
tot twee monteutimut ethomi smo bsd-.2.U A
:clesT
Diswiot brs toqe ert tuods noitsmotnleysb 08 ni utimut to insmqinle 6 101 000,000,83 vsqof ever lliw
2.0
woled nevig ai 29161
(AU3 8.0 ataoo 020)
008.0 02U AU3
eer.o 020 A03
9161 toqe tre
etsi biswiot ysb-08
Transcribed Image Text:themepans i max Task 3: During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over babive969 with characteristicsmber of annual earnings increases for the next 10 years is modelled in 4 times. Assume that the accordance with quote of the binomial distribution. Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years. tot twee monteutimut ethomi smo bsd-.2.U A :clesT Diswiot brs toqe ert tuods noitsmotnleysb 08 ni utimut to insmqinle 6 101 000,000,83 vsqof ever lliw 2.0 woled nevig ai 29161 (AU3 8.0 ataoo 020) 008.0 02U AU3 eer.o 020 A03 9161 toqe tre etsi biswiot ysb-08
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