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Binomial Distributions: The Alvin Secretarial Service procures temporary office personnel for major corporations. They have found...

Binomial Distributions:

The Alvin Secretarial Service procures temporary office personnel for major corporations. They have found that 50% of their invoices are paid within ten working days. A random sample of 14 invoices is checked. What is the probability that more than 10 of the invoices will be paid within ten working days? Round your answer to five decimal places.

math   Statistics-And-Probability   
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Answer #1

Solution :

This is the binomial with,

n = 14

p = 0.50

P(X > 10)

=1 - BINOM.DIST(10,14,0.50,TRUE)

= 0.02869

Probability = 0.02869

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