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In a housing study, it was found that 30% of college students live on campus housing. An Insurance company wants to sell those students special
In a housing study, it was found that 30% of college students live on campus housing. An Insurance company wants to sell those students special policies ensuring their personal property. If they test a marketing strategy by randomly selecting 20 students, what is the probability that at least three of them lives in campus housing? Round answer to four decimals. Why is this binomial? Number of trials: Number of successes: Probability of success
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