Assume the random variable X has a binomial distribution with the given probability of obtaining a success. Find the following probability, given the number of trials and the probability of obtaining a success. Round your answer to four decimal places.
P(X<2), n=5 p=0.3
Solution :
According to binomial probability law, probability of occurrence of exactly x successes in n trials is given by,
Where, p is probability of success.
We have to find P(X < 2).
We have, n = 5 and p = 0.3
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