Mathematics, 26.02.2021 15:20, Thnut4237

21. Loans Based on past experience, a bank believes that 7% of the people who receive loans will not make payments on time.
A bank auditor randomly selects 200 loans.
a) What are the mean and standard deviation of the proportion
of clients in this group who may not make timely payments?

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21. Loans Based on past experience, a bank believes that 7% of the people who receive loans will no...