question archive For a particular clothing store, a marketing firm finds that 7% of $10-off coupons delivered by mail are redeemed
For a particular clothing store, a marketing firm finds that 7% of $10-off coupons delivered by mail are redeemed
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For a particular clothing store, a marketing firm finds that 7% of $10-off coupons delivered by mail are redeemed. Suppose 20 customers are randomly selected and are mailed $10-off coupons. What is the probability that no more than three of the customers redeems the coupon?
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