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There is a .02 probability that a customer's Visa charge will be rejected at a certain Target store because the transaction exceeds the customer's credit limit. What is the probability that the first such rejection occurs on the third Visa transaction?


Definitions:

Proofreading

Checking the final copy to see that it’s free from typographical errors.

Hassle

An annoying inconvenience or a bothersome task.

Proofreading

The process of reading and marking corrections in a text to ensure accuracy in grammar, punctuation, spelling, and formatting.

Typographical Errors

Mistakes made in the typing process, including incorrect letters, words, or spacing, usually occurring in written text.

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