The First National Mortgage Company has noted that 6% of its customers pay their mortgage payments after the due date
a. What is the probability that in a random sample of 150 customers 7 will be late on their payments?
b. What is the probability that in a random sample of 150 customers at least 10 will be late on their payments?
a. 0.1066
b. 0.4325
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Finnish cellular phone giant Nokia customized its 6100 series mobile phone for every major market in which it is present. In Asia, for example, the series came with higher ring volume so that it could be heard on the crowded Asian streets
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