Answer in Statistics and Probability for Divya #196445

Question #196445

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

Expert's answer

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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Assignment Expert

12.06.21, 14:42

Dear Divya, please provide the full conditions of the question to avoid a misunderstanding. Please use the panel for submitting a new question.

Divya

21.05.21, 04:49

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.