Solution: 60% of credit card holders do not pay current amount in full. What is the probability that from randomly selected 4 people all 4 will not pay
Question: 60% of credit card holders do not pay current amount in full. What is the probability that from randomly selected 4 people all 4 will not pay current amount in full? Tip: use Binomial Distribution Appendix Table A or Excel function BINOMDIST.
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