Find probability that fewer than five employees steal

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Reference no: EM13127671

20 percent employees steal and probability that 5 will steal. A recent report in Business Week indicated that 20 percent of all employees steal from their company each year.

If a company employs 50 people, what is the probability that:

a. Fewer than 5 employees steal?
b. More than 5 employees steal?
c. Exactly 5 employees steal?
d. More than 5 but fewer than 15 employees steal?

Reference no: EM13127671

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