Random sample of nine individual investors

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A survey of stock market investors revealed 30% of individual investors have used a discount account. In a random sample of nine individual investors, what is the probability that:

a. Exactly 2 of the individual investors have used a discount broker?

b. None of the 9 individual investors have used the discount broker?

c. Two or three of the individual investors have used a discount broker?

d. What is the mean for this distribution?

e. What is the standard deviation for this distribution?

Reference no: EM131555094

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