Sixty-five percent of men consider themselves knowledgeable soccer fans. If 12 men are randomly selected, find the probability that exactly five of them will consider themselves knowledgeable fans. Round to the nearest thousandth.
Solution:
Given,
p = 95% = 0.65
1 - p = 1 - 0.65 = 0.35
n = 12
X follows the Binomial(12 , 0.65)
Using binomial probability formula ,
P(X = x) = (n C x) * px * (1 - p)n - x ; x = 0 ,1 , 2 , ....., n
P(X = Exactly 5) = (12 C 5) * 0.655 * (0.35)12 - 5 = [12!/(5! * 7!)] * 0.655 * (0.35)7 = 0.059
P(X = Exactly 5) = 0.059
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