n more than 75sec (5)
2.2 If it is estimated that 30% of all students who fall under the Business Economics and Management Department at Richfield have a valid driver’s license. What is the probability of this in a sample of 10 students?
2.2.1 Exactly 4 have a valid driver’s license? (5) 2.2.2 At least 2 have a valid driver’s license? (5) 2.2.3 More than 9 have a valid driver’s license?
(2.2)The probability that a student has a valid driver's license is "p=0.3".
We use binomial distribution for this problem.
Let's assume that a random variable "X" denotes a number of people that have driver's license.
Now, we have to calculate the following probabilities:
(2.2.1) Exactly 4 have a valid driver’s license:
"P(X=4) =\\ ^4C_{10}p^4(1-p)^6=\\frac{10!}{4!6!}(0.3)^4(0.7)^6\\approx0.2001" (it is rounded to 4 decimal places)
(2.2.2) At least 2 have a valid driver’s license:
"P(X\\geq2)=1-P(X<2)=1-P(X=0)-P(X=1)"
"P(X\\ge 2)=1-p^{10}-^{10}C_{1}p^9(1-p)^1=1-(0.3)^{10}-10\\times0.3^9\\times0.7\\approx0.9999"
(2.2.3) More than 9 have a valid driver’s license
"P(X>9)=P(X=10)=(1-p)^{10}=(0.7)^{10}\\approx0.0282"
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