Please note ^nC_r = \frac{n!}{(n-r)! * r!}
Binomial Probability = nCx * (p)x * (q)n-x, where n = number of trials and x is the number of successes.
Also sum of probabilities from 0 till n = 1, i.eP(0) + P(1) + P(2) +.......+P(n) = 1
Here n = 60, p = 1 / 20 = 0.05, q = 1 – p = 0.95
___________________________________________
P(X
4) = P(4) + P(5) + ...... + P(60) = 1 - [P(0) + P(1) + .P(2) +
P(3)]
P(X = 0) = 60C0 * (0.05)0 * (0.95)60-0 = 0.0461
P(X = 1) = 60C1 * (0.05)1 * (0.95)60-1 = 0.1455
P(X = 2) = 60C2 * (0.05)2 * (0.95)60-2 = 0.2259
P(X = 3) = 60C3 * (0.05)3 * (0.95)60-3 = 0.2298
Therefore, P(X
4) = 1 - (0.0461 + 0.1455 + 0.2259 + 0.2298) = 0.3257
A manufacturer uses high speed weighing and packing machines with accuracy adequate to ensure that only...
Let X be normally distributed with mean 100 cm and standard deviation 5 cm.
(a) On the diagram below, shade the region representing P(X > 105).
(2)
(b) Given that P(X < d) = P(X > 105), find the value of d.
(2)
(c) Given that P(X > 105) = 0.16 (correct to two significant figures), find P(d < X < 105).
(2)
(Total 6 marks)
2. A test has five questions. To pass the test, at least three of...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
SYNOPSIS The product manager for coffee development at Kraft Canada must decide whether to introduce the company's new line of single-serve coffee pods or to await results from the product's launch in the United States. Key strategic decisions include choosing the target market to focus on and determining the value proposition to emphasize. Important questions are also raised in regard to how the new product should be branded, the flavors to offer, whether Kraft should use traditional distribution channels or...
Case Study 1: Should a Computer Grade Your Essays? Would you like your college essays graded by a computer? Well, you just might find that happening in your next course. In April 2013, EdX, a Harvard/MIT joint venture to develop massively open online courses (MOOCs), launched an essay-scoring program. Using arti ficial intelligence technology, essays and short answers are immediately scored and feedback tendered, allowing students to revise, resubmit, and improve their grade as many times as necessary. The non-profit...