Question 721273: The president of a bank is attempting to arrange a meeting with the three vice presidents for a Friday weekly meeting. He believes that each of these three busy individuals, independently of the others, has about 40% chance of being able to attend the meeting. What is the probability that at least two of the three vice presidents can attend the meeting? Place your answer, rounded to 3 decimal places.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! The president of a bank is attempting to arrange a meeting with the three vice presidents for a Friday weekly meeting. He believes that each of these three busy individuals, independently of the others, has about 40% chance of being able to attend the meeting. What is the probability that at least two of the three vice presidents can attend the meeting? Place your answer, rounded to 3 decimal places.
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Binomial Problem with n = 3 ; p(attend) = 0.4
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P(2<= x <=3) = 1 - P(0<= x <=1) = 1 - binomcdf(3,0.4,1) = 0.352
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Cheers,
Stan H.
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