46% of all people in United States do not pay the balance on credit cards at once and carry debt on
Question: 46% of all people in United States do not pay the balance on credit cards at once and carry debt on credit cards. Use BINOMIAL Distribution to calculate the probability that from random selected 7 people exactly 5 have debt on credit cards (use formula with scientific calculator or Excel function)
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Solution Format: Word Document
Solution Format: Word Document
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