In exchange for a $300 million fixed commitment line of credit, your firm had agreed to do the following: 1. Pay 1.85 percent per quarter on any funds actually borrowed.

Aparticular telephone number is used to receive both voice calls and fax messages. suppose that 25% of the incoming calls involve fax messages, and consider a sample of 25 incoming calls. (a) what is the expected number of calls among the 25 that involve a fax message?