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Question 5 10 pts Assume 12% of a population of credit applications are fraudulent. (i.e each loan has a 12% probability of being fraudulent.) Based
Question 5 10 pts Assume 12% of a population of credit applications are fraudulent. (i.e each loan has a 12% probability of being fraudulent.) Based on a random sample of 25 applications find the probability the number of fraudulent applications in the sample is Equal to O [ Select ] Equal to 3 [ Select ] Equal to 3 or less [ Select ] Equal to 5 or more [ Select ] More than 3 [Select ]
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