SOLUTION: Five out of 50 people called to give money to a charity actually agrees to give money. Based on this percentage, what is the probability that out of the next 25 people called: a.

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Question 822677: Five out of 50 people called to give money to a charity actually agrees to give money. Based on this percentage, what is the probability that out of the next 25 people called:
a. At least two agree to give money?
b. At most 5 agree to give money?
c. More than 3 agree to give money?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi,
Five out of 50 people called to give money to a charity actually agrees to give money. p(success) = 5/50 = .1
BINOMIAL Distribution P(x) = nCx*
where p and q are the probabilities of success and failure respectively.
In this case p = .10 & q = .90 & n = 25 nCx =
For ex: P(x = 25) =
Recommend using Your TI calculator for cumulative probabilities.
and stattrek.com as an excellent reference.
what is the probability that out of the next 25 people called:
a. At least two agree to give money? P(x≥2) = 1 - binomcdf(25, .10, 1)
b. At most 5 agree to give money? P(x≤5) = binomcdf(25, .10, 5)
c. More than 3 agree to give money? P(x>3) = 1 - binomcdf(25, .10, 3)


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