Mark M. answered 12/30/19
Retired college math professor. Extensive tutoring experience.
p = probability of success = 0.40
q = probability of failure = 1 - p = 0.60
Probability of 4 successes in 5 trials = 5C4(p4)(q5-4)
= [5! / ((4!)(5-4)!)](0.4)4(0.6)1 = 5(0.01536) = 0.0768 = 7.7%