Find probability that at least three will have a balance, Basic Statistics

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Find probability that at least three will have a balance

Nine percent of undergraduate students carry credit card balances greater than $7,000. Suppose 10 undergraduate students are selected randomly to be interviewed about credit card usage.

What is the probability that two of the students will have a balance greater than $7,000?
What is the probability that none will have a balance greater than $7,000?
What is the probability that at least three will have a balance greater than $7,000?

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Basic Statistics: Find probability that at least three will have a balance

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Basic Statistics: Find probability that at least three will have a balance

Reference No:- TGS0105730

Have a Question? (oR Write a Review)

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Basic Statistics: Find probability that at least three will have a balance

Reference No:- TGS0105730

Recent Questions Asked Basic Statistics

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