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Statistics: Probability and Binomial Distribution

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An airline has classified its customers as high-volume travelers (assumed to be business travelers) and low-volume travelers (assumed to be leisure travelers). Eighty five percent are high volume travelers. If five people are randomly selected from a list of customers, What is the probability none are high-volume travelers?

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Solution Summary

The solution gives detailed steps on finding the probability of passengers on an airline that are high-volume travelers using binomial distribution.

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Let X be number of high volume travelers, from given ...

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