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| Question 1146838:  It is found that 60% of American victims of healthcare fraud are senior citizens.
 If 10 victims are randomly selected, what is the probability that at least 6 are senior citizens?
 Answer by ikleyn(52879)
      (Show Source): 
You can put this solution on YOUR website! . 
 
This is a binomial distribution type problem where the probability under the question is the sum
     P =  (1)
The number of trials is              10;
The indexes of success trials        k = 6,7,8,9,10
The probability of success trial     p = 0.6;
                                     q = 1 - p
C(n,k) = n! / (k! * (n-k)!)          are binomial coefficients.
The sum  (1)  is equal to  1 -  .     (2)
Instead of calculating every term of (2) manually and then summing them up, you may use Excel function 
BINOM.DIST(5, 10, 0.6, TRUE)  to calculate the value  = 0.366897.    
Therefore, the value of  (2)  is equal to  1 - 0.366897 = 0.633103 (approximately).    ANSWEROn Excel function BINOM.DIST, see its description everywhere, for example
 
 https://support.office.com/en-us/article/binom-dist-function-c5ae37b6-f39c-4be2-94c2-509a1480770c
 
 
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