n=100, p= 0.02
(a) "P(=2)"
The Excel formula, =BINOM.DIST(2,100,0.02,FALSE) yields 0.273414
Thus "P(=2)=0.273414"
(b) "P(\\le4)"
The Excel formula
BINOM.DIST(4,100,0.02,TRUE) yields
"P(\\le4)=0.94917"
(c) Expectation
Expectation is given by "n\u00d7p= 100\u00d70.02=2"
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