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Mathematics, 09.12.2021 03:20 Satoetoe24

Many utility companies promote energy conservation by offering discount rates to consumers who keep their energy usage below certain established subsidy standards. A recent EPA report notes that 70% of the island residents or Puerto Rico have reduced their electricity usage sufficiently to qualify for discounted rates. If five residential subscribers are randomly selected from San Juan, Puerto Rico, find the probability that at least four qualify for the favorable rates. Round to 4 decimal places.

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