In: Statistics and Probability
The acceptance rate for a university is 42 percent. Assuming the binomial to the normal distribution. Of the next 10 applications what is the probability that they will accept: (WHEN ROUNDING DO NOT ROUND ANY CALCULATION UNTIL THE VERY END)
a) Find the mean: μ = n ⋅ p = round to a single decimal.
b) Calculate the standard deviation. σ = n ⋅ p ⋅ q = . Round to 4 decimals.
c) Determine the probability that exactly four applicants will be accepted. round to 4 decimals
d) Determine the probability that between four and six applications will be accepted. round to 4 decimals.
e) Determine the probability that at least two of the applicants will be accepted. (You may use the complement rule here). round to 4 decimals.
f) What is the probability for the university to accept none or more than 7 applications? Round to 4 decimals. Would it be unusual for the university to accept no or more than 7 applicants? Yes/No.
Since in the question it is said that binomial to normal is assumed, so here I use normal probability.
But in fact for normal approximation validity 2 conditions must be satisfied,
n*p should be greater than 5 and n*(1-p) should be greater than 5, bt here it will not satisfied.
And also there is a mistake in the question that the standard deviation is not n*p*q it is square root of npq.
I think binomial distribution is useful in this question.if any doubt please mension in the comment section.