Question
1) suppose it is known that 2% of all credit card transactions in a certain region are fraudulent. If there are 50 transactions per day
1) suppose it is known that 2% of all credit card transactions in a certain region are fraudulent. If there are 50 transactions per day in a certain region, find the probability that more than one fraudulent transactions occur in a given day.
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
