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To See Whether a Bank Has Enough Minority Construction Company

question 56

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To see whether a bank has enough minority construction company loans, a social agency selects 31 loans to construction companies at random and finds that 4 of them are loans to minority companies. If the bank's claim that 10 of every 100 of its loans to construction companies are minority loans is true, what is the probability that 4 loans out of 31 are minority loans? Leave your answer with combination symbols. ​

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Definitions:

Mechanic

A skilled worker responsible for repairing and maintaining machinery, vehicles, and other equipment.

Exemption Clause

A provision in a contract that limits or eliminates one party's liability for certain acts or omissions.

Illegal Restraint

Actions or practices that unlawfully restrict an individual's freedom of movement or personal liberty.

Act Of God

An event caused by natural forces beyond human control, such as floods or earthquakes, that is not attributable to human actions.

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