SOLUTION: Historically, 7 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. The number of customers out of

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Question 831315: Historically, 7 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database.
The number of customers out of 14 who have an incorrect address in the database is a binomial random variable with n = 14 and π = 0.07.
What is the probability that none of the next 14 repeat customers who call will have an incorrect address? (Round your answer to 4 decimal places.)

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Q:
Historically, 7 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database.
The number of customers out of 14 who have an incorrect address in the database is a binomial random variable with n = 14 and π = 0.07.
What is the probability that none of the next 14 repeat customers who call will have an incorrect address?
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A:
P(X = 0) = %281+-+0.07%29%5E14+=+highlight%280.3620%29