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Please show the procedure Miss Bergen is an executive with the Coastal Bank and Trust. From his years of experience, he calculates that the probability 

Please show the procedure Miss Bergen is an executive with the Coastal Bank and Trust. From his years of experience, he calculates that the probability that an applicant defaults on an initial loan is 0.045. Last month he made 46 loans. a) What is the probability that 4 loans will not be paid?

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