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A marketing manager makes the statement that the long-run probability that a customer would prefer the deluxe model to the standard model is 30 percent.

  1. A marketing manager makes the statement that the long-run probability that a customer would prefer the deluxe model to the standard model is 30 percent.

What is the probability that exactly 3 in a random sample of 10 customers will

prefer the deluxe model?

What is the probability that more than 6 in a random sample of 15 customers

will prefer the standard model?

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