Question

In: Statistics and Probability

There are two types of residential properties in Pittsburg. These types are independent. Andi finds that...

There are two types of residential properties in Pittsburg. These types are independent. Andi finds that houses account for 35% of residential properties in Pittsburgh and 65% account for apartments. If she randomly picks 20 residential properties in Pittsburg. What is the probability that fewer than 10 of these properties are houses?

Solutions

Expert Solution

Here, n = 20, p = 0.35, (1 - p) = 0.65 and x = 10
As per binomial distribution formula P(X = x) = nCx * p^x * (1 - p)^(n - x)

We need to calculate P(X < 10).
P(X < 10) = (20C0 * 0.35^0 * 0.65^20) + (20C1 * 0.35^1 * 0.65^19) + (20C2 * 0.35^2 * 0.65^18) + (20C3 * 0.35^3 * 0.65^17) + (20C4 * 0.35^4 * 0.65^16) + (20C5 * 0.35^5 * 0.65^15) + (20C6 * 0.35^6 * 0.65^14) + (20C7 * 0.35^7 * 0.65^13) + (20C8 * 0.35^8 * 0.65^12) + (20C9 * 0.35^9 * 0.65^11)

P(X < 10) = 0.0002 + 0.002 + 0.01 + 0.0323 + 0.0738 + 0.1272 + 0.1712 + 0.1844 + 0.1614 + 0.1158

P(X < 10) = 0.8783


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