Requests for credit card approval


Requests for credit card approval issued from Metro Market foramounts in excess of $400 are denied 15% of the time. Given that the 51st such creditdenial occured on the 301th requests, determine the probability that at least 12 of the first 50 of these requests resulted indenials.

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Basic Statistics: Requests for credit card approval
Reference No:- TGS0839613

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