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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 105

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that 20% of all invoices are for amounts greater than $800.A random sample of 50 invoices is taken.
-What is the probability that more than 22.7% of these 50 invoices are for more than $800?


A) 0.1368
B) 0.2266
C) 0.3156
D) 0.2734

Correct Answer:

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