Answer on Question #83724 – Math – Statistics and Probability
Question
According to a survey by the Administrative Management Society, one-half of U.S. companies give employees 4 weeks of vacation after they have been with the company for 15 years. Find the probability that among 6 companies surveyed at random, the number that give employees 4 weeks of vacation after 15 years of employment is (a) anywhere from 2 to 5; (b) fewer than 3.
Solution
Let X be the random variable which denotes the number of companies that give employees 4 weeks of vacation after 15 years of employment, among 6 companies surveyed at random. Then X∼B(n,p). Given that n=6,p=0.5.
By Binomial Probability law
P(X=x)=Cxnpx(1−p)n−x=(xn)px(1−p)n−x
(a) anywhere from 2 to 5
P(2≤X≤5)=P(X=2)+P(X=3)+P(X=4)+P(X=5)==(26)(0.5)2(1−0.5)6−2+(36)(0.5)3(1−0.5)6−3+(46)(0.5)4(1−0.5)6−4++(56)(0.5)5(1−0.5)6−5=641(15+20+15+6)=87=0.875
(b) fewer than 3
P(X<3)=P(X=0)+P(X=1)+P(X=2)==(06)(0.5)0(1−0.5)6−0+(16)(0.5)1(1−0.5)6−1+(26)(0.5)2(1−0.5)6−2==641(1+6+15)=3211=0.34375
Answer: a) 0.875; b) 0.34375.
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