Zero credit card balance. In March 2021, the Canadian Bankers Association reported that 70% of Canadians pay

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Zero credit card balance. In March 2021, the Canadian Bankers Association reported that 70% of Canadians pay their credit card balance in full each month. Consider a random sample of 300 Canadians.

a. Find the probability that more than 204 of Canadians pay their credit card balance in full each month.

b. Find the probability that between 213 and 279 Canadians pay their credit card balance in full each month.

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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Question Posted: Jul 19, 2024 05:03 PM

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Zero credit card balance. In March 2021, the Canadian Bankers Association reported that 70% of Canadians pay

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Statistics For Business And Economics

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