According to a Pew Research Center survey 30% of graduates who had student loans are delinquent (90

Question:

According to a Pew Research Center survey 30% of graduates who had student loans are delinquent (90 or more days behind in their payments. Suppose that a survey of 10 such graduates is taken.

a. What is the probability that 3 are delinquent?

b. What is the probability that 3 or more are delinquent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: