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

Question 9

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 all consumers carry a credit card balance?


A) 0.1015
B) 0.0375
C) 0.3133
D) 0.1390

Correct Answer:

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