Short Answer
The First National Mortgage Company has noted that 6% of its customers pay their mortgage payments after the due date.
a.What is the probability that in a random sample of 150 customers 7 will be late on their payments?
b.What is the probability that in a random sample of 150 customers at least 10 will be late on their payments?
Correct Answer:
Verified
Correct Answer:
Verified
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