Leakage from underground gasoline tanks at service stations can damage the environment. it is estimated that 25% of these tanks leak. you examine 15 tanks chosen at random, independently of each other.
1) what is the probability that 5 tanks leak
2) what is the probability that less than 4 tanks leak
3) given that less than 4 tanks leak, which is the probability that exactly 3 leak?
The probability of leakage is 0.25 = 1/4
Let X follow Binomial (15, 1/4)
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