To see whether a bank has enough minority construction


Banking

To see whether a bank has enough minority construction company loans, a social agency selects 30 loans to construction companies at random and finds that 2 of them are loans to minority companies. If the bank's claim that 10 of every 100 of its loans to construction companies are minority loans is true, what is the probability that 2 loans out of 30 are minority loans? Leave your answer with combination symbols.

Request for Solution File

Ask an Expert for Answer!!
Basic Computer Science: To see whether a bank has enough minority construction
Reference No:- TGS02583446

Expected delivery within 24 Hours