Suppose the probability that a person with an average credit rating will pay a bill on time
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Question:
Suppose the probability that a person with an average credit rating will pay a bill on time is 0.82. Of 10 bills are sent out to a random sample of people with an average credit rating, what is the probability that exactly 8 of the 10 bills will be paid on time? ( show all work. express answer correct to 4 decimal places)
Related Book For
Elementary Statistics A Step By Step Approach
ISBN: 978-1259755330
10th edition
Authors: Allan G. Bluman
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