Question
40.1% of consumers believe that cash will be obsolete in the next 20 years. Assume that 7 consumers are randomly selected. Find the probability that
40.1% of consumers believe that cash will be obsolete in the next 20 years. Assume that 7 consumers are randomly selected. Find the probability that fewer than 3 of the selected consumers believe that cash will be obsolete in the next 20 years.
(Round to three decimal places)
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Numerical Analysis And Optimization NAO-III, Muscat, Oman, January 2014
Authors: Mehiddin Al Baali, Lucio Grandinetti, Anton Purnama
1st Edition
3319176897, 9783319176895
