Suppose that25%of all home buyers will do some remodeling to their home within the first five years of home ownership. Assuming this is true, use the binomial distribution to determine the probability that in a random sample of15homeowners,4or fewer will remodel their homes. Use the binomial table. he probability that4or fewer people in the sample indicate that they will remodel their homes isnothing.(Round to four decimal places as needed.) n=15 xp=0.10p=0.15p=0.2p=0.25p=0.30p=0.35p=0.40p=0.4500.2058911320.0873542190.0351843720.0133634610.0047475620.0015620690.0004701850.00012747910.5490430190.3185859760.1671257670.0801807660.03526760.0141787850.0051720350.00169200120.8159389310.6042252040.3980232090.2360878110.1268277150.0617340950.0271140010.0106524430.944444370.8226552020.6481621050.4612868760.2968679280.1726964870.0905019020.04242126940.9872795160.9382946130.8357662760.6864859420.5154910590.3519434280.2172777060.12039930550.997750330.9831899140.938948570.8516319230.721621440.5642821110.403215550.26075976960.9996893690.9963944140.9819411930.943379690.8688574270.7548424680.6098131560.45216040270.9999663750.9993903930.995760250.9827001620.949987460.8867688690.7868968170.65350392580.9999971540.9999190950.9992150150.9958069860.9847574740.9578061620.9049525920.81823953590.9999998130.9999916620.9998867740.9992050510.9963474790.9875568230.9661666970.923071287100.9999999910.9999993460.9999875380.9998846640.9993277660.9971685750.9906523390.9745341471110.9999999620.9999989890.9999876360.9999083410.9995211020.9980722310.9936732271210.9999999980.9999999430.9999990770.9999912810.999943350.9997210960.99889297613110.9999999980.9999999570.9999994830.9999958190.9999747670.999878523141110.9999999990.9999999860.9999998550.9999989260.9999937171511111111n=20 xp=0.10p=0.15p=0.2p=0.25p=0.30p=0.35p=0.40p=0.4500.1215766550.0387595310.0115292150.0031712120.0007979230.0001812453.65616E-056.41584E-0610.3917469980.1755578760.069175290.0243126250.007637260.002133120.0005240490.00011140220.6769268050.4048962780.2060847190.0912604320.0354831320.0121177070.0036114720.00092743430.8670466770.6477251740.4114488620.2251560480.1070868050.0443756030.0159611630.00493340840.9568255050.8298468460.6296482640.4148415030.2375077790.1181965590.0509519530.01886327250.9887468660.9326920260.8042077850.6171726540.4163708290.2453957450.1255989730.05533418860.9976139110.9780648990.9133074860.7857819480.6080098120.4166254180.2500106720.12993378970.9995843650.9940788540.9678573370.8981881430.7722717970.6010266050.4158929380.25200586380.9999401410.9986710920.9900182140.9590748320.8866685370.7623776430.5955987250.41430623490.9999928490.9997516180.9974051730.9861355830.9520381030.8782194140.7553372030.591361185100.9999992910.9999613670.9994365860.9960578580.9828551840.9468333860.8724787540.75071064110.9999999420.9999950170.9998982710.9990646080.9948618380.9804206450.9434736330.869235029120.9999999960.999999470.9999848370.9998162960.998721120.993984730.9789710730.9419659031310.9999999540.9999981550.9999704880.9997389530.9984793380.9935341250.9785856441410.9999999970.999999820.9999961870.999957060.9996894250.9983884750.99356644815110.9999999860.9999996130.999994450.9999500590.9996829690.99846925616110.9999999990.999999970.9999994570.9999939160.9999526550.999722815171110.9999999980.9999999620.9999994720.9999949590.9999641421811110.9999999980.9999999710.9999996590.9999970519111110.9999999990.9999999890.9999998842011111111

Name: Suppose that25%of all home buyers will do some remodeling to their ho
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Description: Suppose that25%of all home buyers will do some remodeling to their home within the first five years of home ownership. Assuming this is true, use the binomial distribution to determine the probability that in a random sample of15homeowners,4or few

The random variable x denotes the number of house owners remodel their homes which follows binomial…

Answered: use the binomial distribution to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

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Suppose that

25%

of all home buyers will do some remodeling to their home within the first five years of home ownership. Assuming this is true, use the binomial distribution to determine the probability that in a random sample of

homeowners,

or fewer will remodel their homes. Use the binomial table.

he probability that

or fewer people in the sample indicate that they will remodel their homes is

nothing.

(Round to four decimal places as needed.)

n=15
x	p=0.10	p=0.15	p=0.2	p=0.25	p=0.30	p=0.35	p=0.40	p=0.45
0	0.205891132	0.087354219	0.035184372	0.013363461	0.004747562	0.001562069	0.000470185	0.000127479
1	0.549043019	0.318585976	0.167125767	0.080180766	0.0352676	0.014178785	0.005172035	0.001692001
2	0.815938931	0.604225204	0.398023209	0.236087811	0.126827715	0.061734095	0.027114001	0.01065244
3	0.94444437	0.822655202	0.648162105	0.461286876	0.296867928	0.172696487	0.090501902	0.042421269
4	0.987279516	0.938294613	0.835766276	0.686485942	0.515491059	0.351943428	0.217277706	0.120399305
5	0.99775033	0.983189914	0.93894857	0.851631923	0.72162144	0.564282111	0.40321555	0.260759769
6	0.999689369	0.996394414	0.981941193	0.94337969	0.868857427	0.754842468	0.609813156	0.452160402
7	0.999966375	0.999390393	0.99576025	0.982700162	0.94998746	0.886768869	0.786896817	0.653503925
8	0.999997154	0.999919095	0.999215015	0.995806986	0.984757474	0.957806162	0.904952592	0.818239535
9	0.999999813	0.999991662	0.999886774	0.999205051	0.996347479	0.987556823	0.966166697	0.923071287
10	0.999999991	0.999999346	0.999987538	0.999884664	0.999327766	0.997168575	0.990652339	0.974534147
11	1	0.999999962	0.999998989	0.999987636	0.999908341	0.999521102	0.998072231	0.993673227
12	1	0.999999998	0.999999943	0.999999077	0.999991281	0.99994335	0.999721096	0.998892976
13	1	1	0.999999998	0.999999957	0.999999483	0.999995819	0.999974767	0.999878523
14	1	1	1	0.999999999	0.999999986	0.999999855	0.999998926	0.999993717
15	1	1	1	1	1	1	1	1
n=20
x	p=0.10	p=0.15	p=0.2	p=0.25	p=0.30	p=0.35	p=0.40	p=0.45
0	0.121576655	0.038759531	0.011529215	0.003171212	0.000797923	0.000181245	3.65616E-05	6.41584E-06
1	0.391746998	0.175557876	0.06917529	0.024312625	0.00763726	0.00213312	0.000524049	0.000111402
2	0.676926805	0.404896278	0.206084719	0.091260432	0.035483132	0.012117707	0.003611472	0.000927434
3	0.867046677	0.647725174	0.411448862	0.225156048	0.107086805	0.044375603	0.015961163	0.004933408
4	0.956825505	0.829846846	0.629648264	0.414841503	0.237507779	0.118196559	0.050951953	0.018863272
5	0.988746866	0.932692026	0.804207785	0.617172654	0.416370829	0.245395745	0.125598973	0.055334188
6	0.997613911	0.978064899	0.913307486	0.785781948	0.608009812	0.416625418	0.250010672	0.129933789
7	0.999584365	0.994078854	0.967857337	0.898188143	0.772271797	0.601026605	0.415892938	0.252005863
8	0.999940141	0.998671092	0.990018214	0.959074832	0.886668537	0.762377643	0.595598725	0.414306234
9	0.999992849	0.999751618	0.997405173	0.986135583	0.952038103	0.878219414	0.755337203	0.591361185
10	0.999999291	0.999961367	0.999436586	0.996057858	0.982855184	0.946833386	0.872478754	0.75071064
11	0.999999942	0.999995017	0.999898271	0.999064608	0.994861838	0.980420645	0.943473633	0.869235029
12	0.999999996	0.99999947	0.999984837	0.999816296	0.99872112	0.99398473	0.978971073	0.941965903
13	1	0.999999954	0.999998155	0.999970488	0.999738953	0.998479338	0.993534125	0.978585644
14	1	0.999999997	0.99999982	0.999996187	0.99995706	0.999689425	0.998388475	0.993566448
15	1	1	0.999999986	0.999999613	0.99999445	0.999950059	0.999682969	0.998469256
16	1	1	0.999999999	0.99999997	0.999999457	0.999993916	0.999952655	0.999722815
17	1	1	1	0.999999998	0.999999962	0.999999472	0.999994959	0.999964142
18	1	1	1	1	0.999999998	0.999999971	0.999999659	0.99999705
19	1	1	1	1	1	0.999999999	0.999999989	0.999999884
20	1	1	1	1	1	1	1	1

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use the binomial distribution to determine the probability that in a random sample of 15 ​homeowners, 4 or fewer will remodel their homes. Use the binomial table.

use the binomial distribution to determine the probability that in a random sample of 15 homeowners, 4 or fewer will remodel their homes. Use the binomial table.