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An insurance agent has appointments with 5 prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any
An insurance agent has appointments with 5 prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 0.21. Using the rules of probability, what is the likelihood that the agent will sell a policy to exactly four of the five prospective clients?
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0.200
0.400
0.310
0.008
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