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3. Past records indicate that the probability of online retail orders that turn ut to be fraudulent is 0.08. Suppose that, on a given day,

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3. Past records indicate that the probability of online retail orders that turn ut to be fraudulent is 0.08. Suppose that, on a given day, 8 online retail orders are placed. Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial random variable. a. What is the probability that less than two online retail orders will turn out to be fraudulent

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