SOLUTION: Assume that x is a binomial experiment with n = 15 and p = 0.3. Compute P(x = 2). Show your work. Use Excel to get the printout of the probability distribution. Use “=binom.dist

Algebra ->  Probability-and-statistics -> SOLUTION: Assume that x is a binomial experiment with n = 15 and p = 0.3. Compute P(x = 2). Show your work. Use Excel to get the printout of the probability distribution. Use “=binom.dist      Log On


   



Question 996845: Assume that x is a binomial experiment with n = 15 and p = 0.3.
Compute P(x = 2). Show your work.
Use Excel to get the printout of the probability distribution. Use “=binom.dist” function. See page 66 of the course packet and pages 155-156 of your textbook.
Use the binomial probability distribution from part c to calculate P(x ≥ 8).
Use the short-cut formula to compute E(x), and the variance and the standard deviation of x.

Found 2 solutions by Boreal, jim_thompson5910:
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
P(x=2)=15C2(0.3)^2(0.7)^13=105*(0.09)(0.009688)
without rounding until the end, that is 0.0916
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P (x>=8) Use the table. The cumulative probability through x=7 is 0.95, so the probability of >=8 is 0.05.
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E(x)=np=15*0.3=4.5
variance is np(1-p)=15(0.3)(0.7)=3.15
sd=1.77

Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Compute P(x = 2). Show your work.

The basic template of the BINOMDIST function in excel is

BINOMDIST( Number_s , Trials, Probability_s, Cumulative )
where
Number_s = number of successes
Trials = number of trials
Probability_s = probability of success for single trial
Cumulative = boolean value (true or false) answering the question "is this cumulative?"


In this case,
Number_s = 2 (since x = 2)
Trials = 15 (n = 15)
Probability_s = 0.3 (because p = 0.3)
Cumulative = 0 (zero for false, we're not going to use cumuative here)

So to compute P(x = 2), you'll type in
=BINOMDIST(2,15,0.3,0)
Don't forget the equal sign in front.