Multiple Choice
Based on past experience, a bank believes that 7% of the people who receive loans will not make payments on time.The bank has recently approved 300 loans.What is the probability that over 8% of these clients will not make timely payments?
A) 0.752
B) 0.504
C) 0.248
D) 0.68
E) 0.496
Correct Answer:
Verified
Correct Answer:
Verified
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