Yes, that's a binomial problem. The probability that there are 19 or
fewer successes out of 20 trials, where the probability of success in ONE
trial is .99
n = 20 trials
p = .01 = probability of 1 "success" in 1 trial.
Note: Here a "success" is that a person would be satisfied.
x <= 19
With my TI-84
Press ON
Press CLEAR
Press 2ND
Press VARS
Use down arrow key to scroll to B:binomcdf(
Press ENTER
Depending on how old your calculator is or what mode it is in,
you may see this:
binomcdf
trials:
p:
x value
Paste
If so make it read binomcdf
trials:20
p:.99
x value:19
Paste
Highlight Paste
Press ENTER
You'll see:
binomcdf(20,.99,
19)
Or if you have an old TI-84 see binomcdf(
Make it read
binomcdf(20,.99,
19)
Press ENTER
You'll see .0010035762
Edwin