According to a Pew Research Center survey 30% of graduates who had student loans are delinquent (90
Question:
According to a Pew Research Center survey 30% of graduates who had student loans are delinquent (90 or more days behind in their payments. Suppose that a survey of 10 such graduates is taken.
a. What is the probability that 3 are delinquent?
b. What is the probability that 3 or more are delinquent?
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