An official from the securities commission estimates that 20% of all investment bankers have profited from the

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An official from the securities commission estimates that 20% of all investment bankers have profited from the use of insider information. Assume that 16 investment bankers are selected randomly and independently from the commission's registry. Find the probability that at most 5 have profited from insider information.

Posted Date: Jun 24, 2024 03:03 PM

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An official from the securities commission estimates that 20% of all investment bankers have profited from the

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