For a binomial process, the probability of success is 40 percent and the number of trials is 5. Find P(X ≤ 1).
P(p) = 0.4
n =5
P(X<=1) = P(X=0)+P(X=1)
= 5C0 *(0.4^5) + 5C1* (0.4^4)*(0.6) = 0.337
For a binomial process, the probability of success is 40 percent and the number of trials...
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