TABLE 5-2 a Certain Type of New Business Succeeds 60% of the of the Time

Short Answer

TABLE 5-2
A certain type of new business succeeds 60% of the time. Suppose that three such businesses open (where they do not compete with each other, so it is reasonable to believe that their relative successes would be independent).
-Referring to Table 5-2, the probability that all three businesses fail is ________.