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Historical data indicates that only 60% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of
Historical data indicates that only 60% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of 10 cable customers, what is the probability that no customer would be willing to switch their cable? (Solve using binomial formula and round to 5 decimal places). All working MUST be shown.
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