SOLUTION: According to insurance records a car with a certain protection system will be recovered 92% of the time. Find the probability that 3 of 7 stolen cars will be recovered
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Question 469114: According to insurance records a car with a certain protection system will be recovered 92% of the time. Find the probability that 3 of 7 stolen cars will be recovered
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
According to insurance records a car with a certain protection system will be recovered 92% of the time. Find the probability that 3 of 7 stolen cars will be recovered
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Binomial Problem with n = 7 and p = 0.92
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P(x = 3) = 7C3(0.92)^3(0.08)^4 = binompdf(7,0.92,3) = 0.001116
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Cheers,
Stan H.
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