Paul earned $72,000 last year. If the first $30,000 is taxed at 10% and income above that is taxed at 19%,
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Using the binomial distribution, it is found that there is a 0.0012 = 0.12% probability at least two of them make it inside the recycling bin.
<h3>What is the binomial distribution formula?</h3>The formula is:
The parameters are:
- x is the number of successes.
- n is the number of trials.
- p is the probability of a success on a single trial.
With 5 shoots, the probability of making at least one is , hence the probability of making none, P(X = 0), is
, hence:
1 - p = 0.9908
p = 0.0092
Then, with 6 shoots, the parameters are:
n = 6, p = 0.0092.
The probability that at least two of them make it inside the recycling bin is:
In which:
[P(X < 2) = P(X = 0) + P(X = 1)
Then:
Then:
P(X < 2) = P(X = 0) + P(X = 1) = 0.9461 + 0.0527 = 0.9988
0.0012 = 0.12% probability at least two of them make it inside the recycling bin.
More can be learned about the binomial distribution at brainly.com/question/24863377
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Answer:
21/506
Step-by-step explanation:
then you can simplify which gets you 21/506. Hope this helps :)