SOLUTION: The FICO (Fair Isaac & Company) score is commonly used as a credit rating. There is a 0.002482 (probability) delinquency rate among consumers who have a FICO score above 800. If 6
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-> SOLUTION: The FICO (Fair Isaac & Company) score is commonly used as a credit rating. There is a 0.002482 (probability) delinquency rate among consumers who have a FICO score above 800. If 6
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Question 747926: The FICO (Fair Isaac & Company) score is commonly used as a credit rating. There is a 0.002482 (probability) delinquency rate among consumers who have a FICO score above 800. If 6 consumers with FICO scores above 800 are randomly selected, find the probability that at least one of them becomes delinquent. Answer by reviewermath(1029) (Show Source):