Based on Past Experience,a Bank Believes That 5% of the People

question 9

Multiple Choice

Based on past experience,a bank believes that 5% of the people who receive loans will not make payments on time.The bank has recently approved 300 loans.What is the probability that over 6% of these clients will not make timely payments?

• A)0.215
• B)0.573
• C)0.786
• D)0.427
• E)0.794

---

Definitions:

Online Advertising

The process of promoting products or services over the internet through various digital channels and platforms.

National Advertising Campaigns

These are marketing efforts carried out across an entire country, aimed at promoting a specific product, service, or brand to a wide audience.

Local Distributors

Businesses or individuals that provide goods from manufacturers or wholesalers to consumers or retail outlets within a specific local area.

Advertising Medium

A channel or tool used to convey messages from advertisers to a target audience, including television, radio, print, digital, and outdoor ads.