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Travka [436]
3 years ago
5

Consider a binomial probability distribution with p = 0.3 and n = 9. What is the probability of the​ following? ​

Mathematics
1 answer:
lorasvet [3.4K]3 years ago
4 0

Answer: a) 0.2668, b) 0.4224, c) 0.004

Step-by-step explanation: this is a question under binomial probability.

P(x=r) = nCr * p^r * q^n-r.

Question a)

n = 9, p = 0.3, q = 1 - p = 1 - 0.3 = 0.7

for our question, r =3 ( exactly 3 successes)

P(x=3) = 9C3 * (0.3)^3 * (0.7)^6

P(x=3) = 85 * 0.027 * 0.117649

P(x=3) = 0.2668.

Question b

Probability less that 3 success = p(x<3) = p(x=2) + p(x=1).

At p(x=2)

p(x=2) = 9C2 * (0.3)^2 * (0.7)^7

p(x=2) = 36 * 0.09 * 0.0823543

p(x=2) = 0.2668.

At p(x=1)

p(x=1) = 9C1 * (0.3) * (0.7)^8

p(x=1) = 9 * 0.3 * 0.0576

p(x=1) = 0.1556

p(x<3) = p(x=2) + p(x=1).

p(x<3) = 0.2668 + 0.1556

p(x<3) = 0.4224.

Question c)

P (x≥7) = 1 - p(x≤6)

p(x≤6) can be gotten by using the cumulative binomial table.

From the table, we had that p(x≤6) = 0.996

P (x≥7) = 1 - 0.996

P (x≥7) = 0.004

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we know that

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So

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Step 1

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total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses

total\ employee\ compensation=37,600+2,800+3,100-1,200\\ total\ employee\ compensation=42,300\ dollars

Step 2

Find the total employee compensation package for company B

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total\ employee\ compensation=36,800+2,400+3,600-600\\ total\ employee\ compensation=42,200\ dollars

Step 3

Find the total employee compensation package for company C

total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses

total\ employee\ compensation=38,100+2,100+2,900-300\\ total\ employee\ compensation=42,800\ dollars

Step 4

Find the total employee compensation package for company D

total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses

total\ employee\ compensation=39,000+1,800+2,500-800\\ total\ employee\ compensation=42,500\ dollars

therefore

the answer is

the company with the greatest total employee compensation package is the company C

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