40.4% of consumers believe that cash will be obsolete in the next 20 years. Assume that 8 consumers are randomly selected. Find the probability that fewer than 3 of the selected consumers believe that cash will be obsolete in the next 20 years. The probability is (Round to three decimal places as needed.) C

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Number 13
40.4% of consumers believe that cash will be obsolete in the next 20 years. Assume that 8 consumers are randomly selected. Find the probability that fewer than 3 of the selected consumers believe that cash will
be obsolete in the next 20 years.
The probability is
(Round to three decimal places as needed.)
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End
Transcribed Image Text:40.4% of consumers believe that cash will be obsolete in the next 20 years. Assume that 8 consumers are randomly selected. Find the probability that fewer than 3 of the selected consumers believe that cash will be obsolete in the next 20 years. The probability is (Round to three decimal places as needed.) F3 F4 3 D F5 ► 11 $ 000 4 % F6 5 ^ 6 F7 F8 & 7 # D F9 * 8 I' DELL م F10 ( 9 | C F11 ) 0 V F12 * I (10) More PrtScr ago + = Insert Delete Backspace PgUp Num Lock 9 PgDn I Next Home * End
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