Suppose a pharmaceutical company develops a drug that helps children stop wetting the bed at...

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Accounting

  1. Suppose a pharmaceutical company develops a drug that helps children stop wetting the bed at night.

  2. They claim it has a success rate of 80%.

  3. You doubt this, thinking they have exaggerated the success rate.

  4. So you test this by giving the drug to a sample of 10 bed-wetting children, and only 6 of the 10 stop wetting the bed.

  5. What is the probability, under their claim, that six or fewer will stop bed-wetting?

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