In: Statistics and Probability
In one town, 77% of adults have health insurance. What is the probability that 5 adults selected at random from the town all have health insurance? Round to the nearest ten- thousandth if necessary.
Let , X be the number of adult who have health insurance.
Here ,
Where, n=5 , p=0.77 , q=1-p=0.23
The pmf of X is ,
; x=0,1,2,......,n
= 0 ; otherwise
Now , we want to find the P(X=5)
Therefore ,
Therefore , the probability that 5 adults selected at random from the town all have health insurance is 0.2707.