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Forty-Four Percent of Consumers with Credit Cards Carry Balances from Month

Question 24

Multiple Choice

Forty-four percent of consumers with credit cards carry balances from month to month. Four consumers with credit cards are randomly selected. What is the probability that fewer than two consumers carry a credit card balance?


A) 0.4074
B) 0.6734
C) 0.7717
D) 0.3643

Correct Answer:

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