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A bank has recently begun a new credit program. Customers meeting certain credit requirements can obtain...

A bank has recently begun a new credit program. Customers meeting certain credit requirements can obtain a credit card. Past records show that 25% of all applicants for this card are rejected. If we take the next 20 applicants, calculate the probability that:

i) exactly four applicants will be rejected

Ii) Less than three applicants will be rejected.

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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