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Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.06 Suppose that, on a given day, 19
Past records indicate that the probability of online retail orders that turn out to be fraudulent is
0.06
Suppose that, on a given day,
19
online retail orders are placed. Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial random variable. Complete parts (a) through (d) below. b. What is the probability that zero online retail orders will turn out to be fraudulent?
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