The problem can be solved using the Binomial Probability Formula:
where X is the number of successes, n is the number of times an event can occur, and p is the probability of success.
From the question, we can get the following parameters:
We can have that:
We have that:
Using the steps above, we can calculate the other values to be:
Therefore, the probability is calculated to be:
The probability is about 0.8023.