Question

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

Answer 1

The given distribution is a binomial distribution-

$X\sim Binom(10,0.40)$

Probability that exactly 5 of the request from female clients-

$P(X=5)=^6C_5)(0.4)^5(0.6)^1$

$=0.03846$