According to a magazine, as of January 2018, 9% of chief executive officers were women. Complete parts a through d based on a random sample of 12 CEOs.
A. What is the probability that one corporate officer was female? The probability is ________. (Round to four decimal places as needed.)
b. What is the probability that fewer than four corporate officers were female? The probability is ________. (Round to four decimal places as needed.)
c. What is the probability that more than two corporate officers were female? The probability is________. (Round to four decimal places as needed.)
d. What are the mean and standard deviation for this distribution? The mean number of females is _______. (Type an integer or a decimal. Do not round.)
The standard deviation of the number of females is _________..(Round to four decimal places as needed.)
a)a)
Here, n = 12, p = 0.09, (1 - p) = 0.91 and x = 1
As per binomial distribution formula P(X = x) = nCx * p^x * (1 -
p)^(n - x)
We need to calculate P(X = 1)
P(X = 1) = 12C1 * 0.09^1 * 0.91^11
P(X = 1) = 0.3827
b)
Here, n = 12, p = 0.09, (1 - p) = 0.91 and x = 4
As per binomial distribution formula P(X = x) = nCx * p^x * (1 -
p)^(n - x)
We need to calculate P(X < 4).
P(X < 4) = (12C0 * 0.09^0 * 0.91^12) + (12C1 * 0.09^1 * 0.91^11)
+ (12C2 * 0.09^2 * 0.91^10) + (12C3 * 0.09^3 * 0.91^9)
P(X < 4) = 0.3225 + 0.3827 + 0.2082 + 0.0686
P(X < 4) = 0.9820
c)
n = 12 , p = 0.09
Here, μ = n*p = 1.08,
σ = sqrt(np(1-p)) = 0.9914
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