Answer on Question #38427 – Math – Other
The number 25 is selected from 1,2,...,100 with probability 0.01. Thus exact probability that 4 people select 25 is calculated using Binomial distribution with parameters n=500, p=0.01.
Let ξ be a random variable that equals to number of people that selected 25. Then
ξ∼Bi(500,0.01)P(ξ=4)=(4500)0.014(1−0.01)500−4=(4500)0.0140.99496=0.175995
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