The Weather Channel’s forecasts are accurate about 75% of the time. Suppose the five-day forecast was given.
a. What is the probability that the forecast will be correct for exactly 4 days out of 5?
b. What is the probability that the forecast will be correct for at least 3 days out of 5?
Answer)
As there are fixed number of trials and probability of each and every trial is same and independent of each other
Here we need to use the binomial formula
P(r) = ncr*(p^r)*(1-p)^n-r
Ncr = n!/(r!*(n-r)!)
N! = N*n-1*n-2*n-3*n-4*n-5........till 1
For example 5! = 5*4*3*2*1
Special case is 0! = 1
P = probability of single trial = 0.75
N = number of trials = 5
R = desired success
A)
P(4) = 5c4*(0.75^4)*(1-0.75)^5-4 = 0.3955078125
B)
P(at least 3) = P(3) + P(4) + P(5) = 0.896484375
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