Assume that a procedure yields a binomial distribution with nequals5 trials and a probability of success of pequals0.05. Use a binomial probability table to find the probability that the number of successes x is exactly 3.
Let X be a binomial random variable with n = 5 and p = 0.05
X ~ Binomial ( n = 5, p = 0.05)
Probability mass function of X is,
P(X = x) = nCx px (1 - p)n-x
We want to find, P(X = 3)
P(X = 3)
= 5C3 * (0.05)3 * (1 - 0.05)5-3
= 10 * (0.05)3 * (0.95)2
= 0.0011
=> P(X = 3) = 0.001 ( rounded to 3 decimal places )
Now, using Binomial table we get, P(X = 3) as follows,
P(X = 3) = P(X <= 3) - P(X <= 2) = 1 - 0.999 = 0.001
=> P(X = 3) = 0.001
Therefore, the probability that the number of successes x is exactly 3 is 0.001
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