A 2019 report from the Federal Reserve Bank of Boston found that 82% of consumers have at least one credit card. Suppose a random sample of 7 consumers is selected. What is the probability that all 7 have at least one credit card? Use the binomial probability formula. 0.249 0.751 0.125 0.374

A 2019 report from the Federal Reserve Bank of Boston found that 82% of consumers have at least one credit card. Suppose a random sample of 7 consumers is selected. What is the probability that all 7 have at least one credit card? Use the binomial probability formula. 0.249 0.751 0.125 0.374

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

A 2019 report from the Federal Reserve Bank of Boston found that 82% of consumers have at least one credit card. Suppose a random sample of 7 consumers is selected. What is the probability that all 7 have at least one credit card? Use the binomial probability formula.

0.249

0.751

0.125

0.374

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