In: Statistics and Probability
The Binomial Distribution.
1. What makes the binomial distribution unique? What are its characteristics?
Give a real-world
example of a distribution of data that would be considered
binomial.
2. Solve the following problem:
About 30% of adults in United States have college degree.
(probability that a person has college degree is p = 0.30).
If N adults are randomly selected, find probabilities that
1) exactly X out of selected N adults have college degree
2) less than X out of selected N adults have college degree
3) greater than X out of selected N adults have college
degree
Choose your numbers for N and X.