with n=30 and p=0.50 estimate p (fewer than 12)
Solution :
Given that,
p = 0.50
q = 1 - p = 0.50
n = 30
Using binomial distribution,
= n * p = 30 * 0.50 = 15
= n * p * q = 30 * 0.5 * 0.5 = 2.7386
Using continuity correction ,
= P((x - ) / < (11.5 - 15) / 2.7386)
= P(z < -1.28)
= 0.1003
Probability = 0.1003
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