According to national data, about 13% of American college students earn a graduate degree. Using this estimate, what is the probability that exactly 28 undergraduates in a random sample of 200 students will earn a college degree? Hint: Use the normal approximation to the binomial distribution, where
p = 0.13
and
q = 0.87.
(Round your answer to four decimal places
Solution
Given that ,
p = 0.13
1 - p = 1 - 0.13 = 0.87
n = 200
x = 28
Using binomial probability formula ,
P(X = x) = ((n! / x! (n - x)!) * px * (1 - p)n - x
P(X = 28) = ((200! / 28! (200 - 28)!) * 0.1328 * (0.87)200 - 28
= ((200! / 28! (172)!) * 0.1328 * (0.87)172
= 0.0743
Probability = 0.0743
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