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Probability 13 Online
OpenStudy (anonymous):

The manager of Madison Finance Company has estimated that, because of a recession year, 3% of its 500 loan accounts will be delinquent. If the manager's estimate is correct, what is the probability that 21 or more of the accounts will be delinquent? (Round your answer to four decimal places.)

OpenStudy (anonymous):

4.2%

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