According to a survey, 24.4% of credit-card-holding families in a certain area hardly ever pay off the balance. Suppose a random sample of 20 credit-card-holding families is taken. Find the probability that at least 4 families hardly ever pay off the balance. The probability that at least 4 families hardly ever pay off the balance is (Round to four decimal places as needed.) ...
According to a survey, 24.4% of credit-card-holding families in a certain area hardly ever pay off the balance. Suppose a random sample of 20 credit-card-holding families is taken. Find the probability that at least 4 families hardly ever pay off the balance. The probability that at least 4 families hardly ever pay off the balance is (Round to four decimal places as needed.) ...
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Hey! Need help solving this question, it states to round to four decimal places as needed. Thank you!
![According to a survey, 24.4% of credit-card-holding families in a certain area hardly ever pay off the balance. Suppose a random sample of 20 credit-card-holding families is taken. Find the
probability that at least 4 families hardly ever pay off the balance.
The probability that at least 4 families hardly ever pay off the balance is
(Round to four decimal places as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fccd97de8-e10b-493c-b965-7d9287dd2ac4%2Fe2b45fc2-98d6-4145-85dd-64c339ccf5f5%2F9a4ed0r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:According to a survey, 24.4% of credit-card-holding families in a certain area hardly ever pay off the balance. Suppose a random sample of 20 credit-card-holding families is taken. Find the
probability that at least 4 families hardly ever pay off the balance.
The probability that at least 4 families hardly ever pay off the balance is
(Round to four decimal places as needed.)
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