Millie lives in home valued at $195,000 and her mortgage is $160,000. She has $3200 in her saving accounts. What is her net wort
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Let x be a discrete binomial random variable that measures the number of successes in n trials.
Let p = 0.4 be the probability of success, that is, the probability that a deer has the aforementioned type of tick.
So the probability that 124 deer or less have this type of tick is calculated using the probability formula for a binomial distribution.
P (X <= x) = sum from x = 0 to x = 124 of (300! / ((X! * (300-x)!)) * (P ^ x) * (1-p) ^ n-x.
Finally the probability is 0.7030
Below is an image with the formula used and the result
Let p = 0.4 be the probability of success, that is, the probability that a deer has the aforementioned type of tick.
So the probability that 124 deer or less have this type of tick is calculated using the probability formula for a binomial distribution.
P (X <= x) = sum from x = 0 to x = 124 of (300! / ((X! * (300-x)!)) * (P ^ x) * (1-p) ^ n-x.
Finally the probability is 0.7030
Below is an image with the formula used and the result