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Salem University's MBA Program Has a 55% Acceptance Rate

Question 123

Multiple Choice

Salem University's MBA program has a 55% acceptance rate.If you randomly select a sample of 20 applicants, how likely is it that no more than five of the applicants in the sample will fail to be accepted into the program?


A) .0162
B) .1083
C) .0002
D) .0553
E) .0241

Correct Answer:

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