SOLUTION: Suppose that the probability that a new medication will cause a bad side effect is 0.03. If this medication is given to 150 people, what is the probability that exactly three of

Algebra ->  Probability-and-statistics -> SOLUTION: Suppose that the probability that a new medication will cause a bad side effect is 0.03. If this medication is given to 150 people, what is the probability that exactly three of       Log On


   



Question 388727: Suppose that the probability that a new medication will cause a bad side effect is 0.03. If this medication is given to 150 people, what is the probability that exactly three of them will experience a bad side effect? Place your answer, rounded to 4 decimal places, in the blank.
Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
Use the Poisson distribution:
alpha+=+np+=+150%2A.03+=+4.5. Then , rounded to 4 decimal places.