What is the probability that the number of pants sold is more than 3
Assumptions:
Let us assume number of pants = 10 and probability of pants sold is 0.65.
Using binomial distribution , let us find P(X>3).
Solution :
Using ti84 , press 2nd VARS and scroll down to binomcdf(n,p,x)
Enter n=100,p=0.65, x=3, we get"P(X\\leq3)= 0.0260242"
Hence P(X>3)= 1-"P(X\\leq3)"
=1-0.02602
=0.9739757
Comments
Leave a comment