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Question: a company audit showed that of 811 bills that were...

Question details

A company audit showed that of 811 bills that were sent out, 484 were paid on time, 100 were paid up to 30 days late, 68 were paid between 31 and 90 days late, and 159 remained unpaid after 90 days. One bill is selected at random.

What is the probability that the bill was paid on time? Round your answer to four decimal places.

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