Recent content by ranish293

  1. R

    MHB Credit Card Payments: Probability

    Thanks Bacterius for your reply. I don't know about binomial distribution, Could you please solve this for me, and explain the procedure.
  2. R

    MHB Credit Card Payments: Probability

    Hello, Im having difficulty in solving following problem related to probability, Please anyone provide me with the solution. The proportion of American Express credit-card holders who pay their credit card bill in full each month is 23%; the other 77% make only a partial or no payment. (a) In...
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