Online Bankers an Official from the Securities Commission Estimates That 75% of That

question 175

Short Answer

Online Bankers
An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information.Assume that 15 online bankers are selected at random from the commission's registry. ​ ​
-{Online Bankers Narrative} Find the probability that all 15 have profited from insider information.

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Definitions:

Lifelong Monogamy

The practice or state of having a sexual relationship with only one partner throughout one's lifetime.

Human Behavior

Encompasses the range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Contagious Disease

An illness that can be transmitted from one individual to another through direct or indirect contact.

STIs Spread

Refers to how sexually transmitted infections are transmitted from person to person through sexual contact, including vaginal, anal, and oral sex.