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Suppose a certain type of small data processing firm is so specialized that some have difficulty making a profit in their first year of operation. The probabil- Y that make a profit is given by 0, elsewhere (a) What is the value of k that renders the above a (b) Find the probability that at most 50% of the firns (c) Find the probability that at least 80% of the firins valid density function? make a profit in the first year. make a profit in the first year.

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