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Business Statistics questions help
Question Description
Seventy percent of the students applying to a university are accepted. Using the binomial probability tables or Excel, what is the probability that among the next 18 applicants:
- At least 6 will be accepted?
- Exactly 10 will be accepted?
- Exactly 5 will be rejected?
- Fifteen or more will be accepted?
- Determine the expected number of acceptances.
- Compute the standard deviation.
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