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A brokerage survey reports that 30% of individual investors have used a discount broker. In a random sample of 9 individual, what is the probability

A brokerage survey reports that 30% of individual investors have used a discount broker.

In a random sample of 9 individual, what is the probability that

(a) exactly two of the sampled individual have used a discount broker. Ans:

(b) not more than three have used a discount broker.

(c) at least three of them have used a discount broker

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