Find the following Binomial probabilities for problems 1 and 2(Using Binomial Distribution Table on ilearn in Resources module) 1. There is a 1% delinquency rate for consumers with FICO credit score above 800. We choose a random sample of 5 people with FICO score above 800. a) Find the probability that less than 2 of them become delinquent. b) Find the probability that two or more of them become delinquent. 2. About 78 of people in the world are known to have O negative blood type. Find the following probabilities in 4 trials. a) At least 3 have O negative blood type. b) Less than three have O negative blood type. 3. Without using the table, find the probability of 3 successes among 5 trials if success probability is 0.09. (show work)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
Question number 1
O Calendar
Search R X
Y Distance Education - Gavilan Coll x
n.gavilan.edu/calendar#view_name=month&view_start=D2021-10-18
Page
1
of 2
Find the following Binomial probabilities for problems 1 and 2(Using Binomial Distribution Table on
iLearn in Resources module)
1.
There is a 1% delinquency rate for consumers with FICÓ credit score above 800. We choose a
random sample of 5 people with FICO score above 800.
a) Find the probability that less than 2 of them become delinquent.
b) Find the probability that two or more of them become delinquent.
2. About 78 of people in the world are known to have O negative blood type. Find the following
probabilities in 4 trials.
a) At least 3 have O negative blood type.
b) Less than three have O negative blood type.
3. Without using the table, find the probability of 3 successes among 5 trials if success probability
is 0.09. (show work)
nere to search
99+
Desktop
45°F Mostly c
DELL
F3
F4
F5
F6
F7
F8
F9
F10
F11
F12
PrtScr
Inser
%23
%24
4.
# m
Transcribed Image Text:O Calendar Search R X Y Distance Education - Gavilan Coll x n.gavilan.edu/calendar#view_name=month&view_start=D2021-10-18 Page 1 of 2 Find the following Binomial probabilities for problems 1 and 2(Using Binomial Distribution Table on iLearn in Resources module) 1. There is a 1% delinquency rate for consumers with FICÓ credit score above 800. We choose a random sample of 5 people with FICO score above 800. a) Find the probability that less than 2 of them become delinquent. b) Find the probability that two or more of them become delinquent. 2. About 78 of people in the world are known to have O negative blood type. Find the following probabilities in 4 trials. a) At least 3 have O negative blood type. b) Less than three have O negative blood type. 3. Without using the table, find the probability of 3 successes among 5 trials if success probability is 0.09. (show work) nere to search 99+ Desktop 45°F Mostly c DELL F3 F4 F5 F6 F7 F8 F9 F10 F11 F12 PrtScr Inser %23 %24 4. # m
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman