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Mathematics, 18.07.2020 01:01 mani1682

Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.08. Suppose that, on a given day, 20 online retail orders are placed. Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial random variable, what is the probability that two or more online retail orders will turn out to be fraudulent

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