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Exercise

Calculating binomial probabilities

Just as in the last exercise, assume that Amir wins 30% of deals. He wants to get an idea of how likely he is to close a certain number of deals each week. In this exercise, you'll calculate what the chances are of him closing different numbers of deals using the binomial distribution.

binom is imported from scipy.stats.

Instructions 1/3
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  • What's the probability that Amir closes all 3 deals in a week? Save this as prob_3.