You want the probability that the machine will be working, so you want the probability of 2 or fewer occurrences of a failure in 15 trials given the probability of success on any given trial is 0.08.
The probability of
successes in
trials where
is the probability of success on any given trial is given by:
Where
is the number of combinations of
things taken
at a time and is calculated by
Since you are looking for the probability of 2 or fewer, you need the probability of 0 plus the probability of 1 plus the probability of 2, that is:
An easier way to get the answer, given that you have MS Excel on your PC or Numbers on your MAC, is to open a spreadsheet and type the following:
=BINOMDIST(2,15,0.08,TRUE)
John

My calculator said it, I believe it, that settles it
