According Statista, the percentage of Americans who use digital banking is 65.3%. 10 Americans are randomly selected and each is asked if s/he uses digital banking. Use this situation to answer the parts below. (a) Recognizing that this is a binomial situation, give the meaning S and F in this context. That is, define what you will classify as a "success" and what you will classify as a "failure" as it refers to using digital banking.

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Answer In this binomial situation where 10 Americans are randomly sel... View the full answer