Determine probability that three consecutive customers go


When a customer comes to a bank, there are three primary locations they may select to go to: teller, loan officer, or escrow department. Based on past experience, the following probability distribution applies:
Location Probability
Teller 0.60
Loan Officer 0.30
Escrow 0.10
Seventy percent of customers are males. Determine the probability that three consecutive customers all go to a teller.

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Basic Statistics: Determine probability that three consecutive customers go
Reference No:- TGS0105503

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