In: Statistics and Probability
The student body of a large university consists of 30% Business majors. A random sample of 6 students is selected.
A. What is the probability that exactly 4 are business majors?
B. What is the probability that no more than 2 are business majors?
C. What is the probability that at least 3 are business majors?
D. What is the probability that less than 5 are business majors?
Solution
Back-up Theory
If X ~ B(n, p). i.e., X has Binomial Distribution with parameters n and p, where
n = number of trials and p = probability of one success, then, probability mass function (pmf)
of X is given by p(x) = P(X = x) = (nCx)(px)(1 - p)n – x,...............................................................................………..(1)
[This probability can also be directly obtained using Excel Function: Statistical, BINOMDIST]........................... (1a)
Now to work out the solution,
Let X = number of students is a sample of 6 who are business majors. Then, X ~ B(6, 0.3) [0.3 = 30%] ............ (2)
Part (A)
Probability that exactly 4 are business majors
= P(X = 4)
= 0.0595 [vide (1a) and (2)] Answer 1
Part (B)
Probability that no more than 2 are business majors
= P(X ≤ 2)
= 0.7443 [vide (1a) and (2)] Answer 2
Part (C)
Probability that at least 3 are business majors
= P(X ≥ 3)
= 1 - P(X ≤ 2)
= 0.2557 [vide (1a) and (2)] Answer 3
Part (D)
Probability that less than 5 are business majors
= P(X < 5)
= P(X ≤ 4)
= 0.9891 [vide (1a) and (2)] Answer 2
DONE