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Statistics

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.

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

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