(See Steps) If the probability is 0.20 that a certain bank will refuse a loan application, use the normal approximation to determine (to three decimals)


Question: If the probability is 0.20 that a certain bank will refuse a loan application, use the normal approximation to determine (to three decimals) the probability that the bank will refuse at most 40 of 225 loan applications.

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Deliverable: Word Document

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