At some university 60% of students are men and 40% are women. In a random sample of 100 students what is the probability that more than half are women?
We need to calculate P(X>50)
Where X is the no. of women
Now X~Bin(100,0.4)
as 40% are women
Now calculating exact probability using Binomial distribution in Excel using the formula =1-BINOM.DIST(50,100,0.4,1)
=0.0168
Using normal approximation to Binomial distribution\
Now we need to calculate probability :
Probability is calculated using excel formula =NORM.DIST(2.14,0,1,1)
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