Math Problem Statement

Suppose a random variable, x, arises from a binomial experiment. If n = 14, and p = 0.13, find the P(X ≤ 3) using Excel. Round answer to 4 decimal places.

Solution

To find P(X3)P(X \leq 3) for a binomial distribution with n=14n = 14 and p=0.13p = 0.13, follow these steps using Excel:

  1. Open Excel.

  2. Use the BINOM.DIST function to calculate the cumulative probability for X3X \leq 3.

    The syntax for the function is:

    =BINOM.DIST(3, 14, 0.13, TRUE)
    

    Where:

    • 3 is the number of successes (for X3X \leq 3).
    • 14 is the number of trials.
    • 0.13 is the probability of success in each trial.
    • TRUE calculates the cumulative probability up to 3.
  3. After entering the formula, press Enter. The result will be the probability rounded to four decimal places.

The probability value should be approximately:

P(X3)=0.9361P(X \leq 3) = 0.9361

Would you like more details on how this formula works or clarification?


Related Questions:

  1. How is the binomial distribution different from other discrete distributions?
  2. What is the significance of using cumulative probability in binomial experiments?
  3. How would the probability change if nn increased while pp remained constant?
  4. Can we approximate a binomial distribution to a normal distribution, and under what conditions?
  5. How can the concept of expected value be applied to binomial distributions?

Tip: When working with probabilities in Excel, always use cumulative functions (like TRUE in BINOM.DIST) to compute values for XkX \leq k scenarios.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Probability
Binomial Distribution

Formulas

P(X ≤ k) = BINOM.DIST(k, n, p, TRUE)

Theorems

Binomial Theorem

Suitable Grade Level

College level or advanced high school (Grades 11-12)