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Online ProgramA statistician is working for Sweet Shop USA and has been given the task to find out what the probability is that the fudge machine malfunctions messing up a whole batch of fudge in the process. Each malfunction of the machine costs the company $250. The statistician calculates the probability is 1 in 20 batches of fudge will be lost due to machine malfunction.
What is the probability that the machine does not malfunction at all in 30 days time?