Home / Questions / Historically 5 percent of a mail-order firm’s repeat charge account customers have an inco...
Historically, 5 percent of a mail-order firm’s repeat charge-account customers have an incorrect current address in the firm’s computer database
The number of customers out of 12 who have an incorrect address in the database is a binomial random variable with n = 12 and = 005
What is the probability that none of the next 12 repeat customers who call will have an incorrect address?(Round your answer to 4 decimal places)
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