Consider a binomially distributed random variable constructed from a series of 8 trials with a 60% chance of success on any given trial. Calculate the probability that there are more than 3 successes.
Solution:
Given,
p = 60% = 0.60
1 - p = 1 - 0.60 = 0.40
n = 8
X follows the Binomial(n = 8 , p = 0.60)
The PMF of the Binomial distribution is
P(X = x) = (n C x) * px * (1 - p)n - x ; x = 0 ,1 , 2 , ....., n
Now
P[ more than 3 successes]
= P[X > 3]
= 1 - { P[X 3] }
= 1 - { P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) }
= 1 - { (8 C 0) * 0.600 * (0.40)8 - 0 + (8 C 1) * 0.601 * (0.40)8 - 1 + (8 C 2) * 0.602 * (0.40)8 - 2 + (8 C 3) * 0.603 * (0.40)8 - 3 }
= 1 - {0.00065536+0.00786432+0.04128768+0.12386304}
= 1 - { 0.1736704 }
= 0.8263296
P[ more than 3 successes] = 0.8263296
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