Thirty-five percent of all customers of a large, national financial institution manage their accounts online. What is

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Thirty-five percent of all customers of a large, national financial institution manage their accounts online. What is the probability that in a random sample of three customers from the financial institution’s database,
a. All three manage their accounts online?
b. Exactly two manage their accounts online?
c. None manage online?
d. At least one manages online?
e. The third sampled customer is the first one to manage online?

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Business Statistics A Decision Making Approach

ISBN: 9780134496498

10th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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