A survey of U.S. adults found that 41% have encountered fraudulent charges on their credit cards. You

Question:

A survey of U.S. adults found that 41% have encountered fraudulent charges on their credit cards. You randomly select 100 U.S. adults. Find the probability that the number who have encountered fraudulent charges on their credit cards is

(a) Exactly 40,

(b) At least 40, and

A binomial experiment is given. Determine whether you can use a normal distribution to approximate the binomial distribution. If you can, find the mean and standard deviation. If you cannot, explain why.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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