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You have been assigned to study an index fund of your company. The index fund consists of stocks in countries with ASEAN - Association of Southeast Asian Nations. Member countries are: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. Assume the stock market is efficient.
A success is defined as: A positive returns day.
Find the probability the number of successes is between 2 and 2.
The probability of a success is 0.77 and the number of trials is 4.
Enter your answer below (4 decimal places).
Probability:
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