Academic MBA Question:
NMIMS Assignment: Lok Sabha in India is to discuss a key constitutional amendment, and there will be four rounds of voting. In each round of voting, assume that the ruling party has a 60% chance of winning, i.e. getting the resolution passed by majority vote. Further assuming that the voting rounds are independent of each other, what is the probability that:
a. The ruling party will win 0 rounds, 1 round, 2 rounds, 3
rounds or all 4 rounds of voting?
b. The ruling party will win at least 1 round?
Academic Assignment Answer: