Question 7Let X have a binomial distribution with n = 5 and p = 0.5. Find the probability that X isgreater than 3. Enter your final answer to four decimals. Do not round intermediatesteps.Question 8An insurance company believes the probability that owners of a certain type of carare involved in an accident in the next year is equal to 0.05. The company sellspolicies to insure 12 of these cars for a year for at most 1 accident. You may assumeall 12 policies are independent.What is the expected number of accidents in the year?Question 9An insurance company believes the probability that owners of a certain type of carare involved in an accident in the next year is equal to 0.05. The company sellspolicies to insure 12 of these cars for a year for at most 1 accident. You may assumeall 12 policies are independent.What is the variance of the number of accidents in the year?

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Answered: Question 7 Let X have a binomial…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question 7 Let X have a binomial distribution with n = 5 and p = 0.5. Find the probability that X is greater than 3. Enter your final answer to four decimals. Do not round intermediate steps.