Step 1:
First, we need to understand the binomial distribution formula which is given by:
\[P(X=k) = C(n, k) * (p^k) * ((1-p)^{n-k})\]
where:
- \(P(X=k)\) is the probability of getting exactly \(k\) successes in \(n\) trials,
- \(C(n, k)\) is the number of
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