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Let X be a discrete random variable that possesses a binomial distribution. Using the binomial formula,...

Let X be a discrete random variable that possesses a binomial distribution. Using the binomial formula, find the following probability. P(x=2) for n=4 and p= 0.4 round your answer to four decimal places. P(x=2) =

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Answer #1

X ~ Bin ( n , p)

Where n = 4 , p = 0.4

Binomial probability distribution is

P(X) = nCx px ( 1 - p)n-x

P(X = 2) = 4C2 * 0.42 * ( 1 - 0.4)2

= 0.3456

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