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Probability using Binomial distribution.

The online access computer service industry is growing at an extraordinary rate. Current estimates suggest that only 20 percent of the home-based computers have access to online services. This number is expected to grow quickly over the next 4 years. Assume 25 people with home based computers were randomly and independently sampled. Find the possibility that fewer than 10 of those sampled currently have access to online services.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920629

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