In: Statistics and Probability
A local county has an unemployment rate of 6.2%. A random sample of 18 employable people are picked at random from the county and are asked if they are employed. The distribution is a binomial. Round answers to 4 decimal places.
a) Find the probability that exactly 4 in the sample are unemployed.
b) Find the probability that there are fewer than 3 in the sample are unemployed.
c) Find the probability that there are more than 4 in the sample are unemployed.
d) Find the probability that there are at most 3 in the sample are unemployed.
p = 0.062
n = 18
P(X = x) = 18Cx * 0.062x * (1 - 0.062)18-x
a) P(X = 4) = 18C4 * 0.0624 * 0.93814 = 0.0185
b) P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
= 18C0 * 0.0620 * 0.93818 + 18C1 * 0.0621 * 0.93817 + 18C2 * 0.0622 * 0.93816
= 0.9031
c) P(X > 4) = 1 - (P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4))
= 1 - (18C0 * 0.0620 * 0.93818 + 18C1 * 0.0621 * 0.93817 + 18C2 * 0.0622 * 0.93816 + 18C3 * 0.0623 * 0.93815 + 18C4 * 0.0624 * 0.93814 )
= 1 - 0.9960
= 0.0040
d) P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3)
= 18C0 * 0.0620 * 0.93818 + 18C1 * 0.0621 * 0.93817 + 18C2 * 0.0622 * 0.93816 + 18C3 * 0.0623 * 0.93815
= 0.9776