Answer:
0.5676
Step-by-step explanation:
We have been given these informations from this question ,
probability of 4% = 0.04
q = 1 - p = 1 - 0.04 = 0.96
Sample size n = 60
We solve further by Using binomial probability formula,
P(X = x) = (nCx)*px*(1 - p)^n - x
We have:
(60C0)x 0.04⁰x(0.96⁶⁰+(60C1)x0.04¹x(0.96)⁵⁹+(60C2)x0.04²x (0.96)⁵⁸
From this we would get the probability to be = 0.5676