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There is a class of 50 students and they are taking a Statistics exam. They may pass or fail. Let X be the event describing

There is a class of 50 students and they are taking a Statistics exam. They may pass or fail. Let X be the event describing that a student passes the exam. So, X follows a binomial distribution described by n=50 and p=0.5. How would you interpret the quantity P(X>15)?

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