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5.16 Suppose you want to estimate the probability that a randomly selected customer at a particular grocery store will pay by credit card. Over the

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5.16 Suppose you want to estimate the probability that a randomly selected customer at a particular grocery store will pay by credit card. Over the past 3 months, 80,500 payments were made, and 37,100 of them were by credit card. What is the estimated probability that a randomly selected customer will pay by credit card? A

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