In January 2025
Answer to Question #196445 in Statistics and Probability for Divya
bank accepts thirty percent of loan requests from farmers. Ten loan requests from framers are randomly selected for consideration by the bank. Find the probability
The given distribution is a binomial distribution-
"X\\sim Binom(10,0.40)"
Probability that exactly 5 of the request from female clients-
"P(X=5)=^6C_5)(0.4)^5(0.6)^1"
"=0.03846"
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bank accepts thirty percent of loan requests from farmers. Ten loan requests from framers are randomly selected for consideration by the bank. Find the probability that exactly 2 are accepted.
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