Question: Use the information below for this problem. When a customer places an order with Jerry's On-Line Office Supplies, a computerized accounting information system (AIS) automatically

Use the information below for this problem.

When a customer places an order with Jerry's On-Line Office Supplies, a computerized accounting information system (AIS) automatically checks to see if the customer has exceeded his or her credit limit. Past records indicate that the probability of customers exceeding their credit limit is 0.05. Assume that the number of customers that the AIS detects as having exceeded their credit limit is distributed a binomial variable.

Suppose that, on a given day, 25 customers place orders. What is the probability that two or more customers will exceed their credit limits?

a.0.6415

b.0.0755

c.0.3576

d.0.9245

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