Mathematics, 09.09.2021 15:50 jalaholmes2027

Ms. Bergen is a loan officer at coast Bank and Trust. From her years of experience she estimates that the probability is 0,025 that an applicant
will not be able to repay his or her instalment loan. Last month she
made 40 loans. What is the probability that no more than 4 loans will
be defaulted?

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Ms. Bergen is a loan officer at coast Bank and Trust. From her years of experience she estimates t...