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Please someone solve this for me. Its a book question and i only have the answer 0.061.
Here's the ques:
"It is known that 24% of the customers in a bank holding a current account also have another type of account with the bank.
Calculate an approximate value for the probability that fewer than 50 customers in a random sample of 250 customers with a current account also have another type of account."
Plz help!
Here's the ques:
"It is known that 24% of the customers in a bank holding a current account also have another type of account with the bank.
Calculate an approximate value for the probability that fewer than 50 customers in a random sample of 250 customers with a current account also have another type of account."
Plz help!