Question:
Based on past experience a bank believes that 9 of the
Last updated: 12/22/2023
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Based on past experience a bank believes that 9 of the people who receive loans will not make payments on time The bank has recently approved 200 loans What are the mean and standard deviation of this model mean standard deviation accurate to 3 decimal places What is the probability that over 10 of these clients will not make timely payments