(Solution Library) A prescription drug firm claims that only 12% of all new drugs shown to be effective in animal tests ever make it through a clinical testing program
Question: A prescription drug firm claims that only 12% of all new drugs shown to be effective in animal tests ever make it through a clinical testing program and onto the market. If a firm has 15 new compounds that have shown effectiveness in animal tests , find the following probabilities:
A: none reach the market
B: One or more reach the market
C. Two or more reach the market
Deliverable: Word Document 