Kira deposits $500 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the
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Answer:
a) The probability that at least 5 ties are too tight is P=0.0432.
b) The probability that at most 12 ties are too tight is P=1.
Step-by-step explanation:
In this problem, we could represent the proabilities of this events with the Binomial distirbution, with parameter p=0.1 and sample size n=20.
a) We can express the probability that at least 5 ties are too tight as:
The probability that at least 5 ties are too tight is P=0.0432.
a) We can express the probability that at most 12 ties are too tight as:
The probability that at most 12 ties are too tight is P=1.