Concept explainers
The owner of a charter fishing boat has found that 12% of his passengers become seasick during a half- day fishing trip. He has only two beds below deck to accommodate those who become ill. About to embark on a typical half-day trip, he has 6 passengers on board. What is the
To find:
The probability of having enough room to accommodate the ill
Answer to Problem 6.54CE
The probability of having enough room to accommodate the illis 0.02
Explanation of Solution
Given:
12% of passengers become seasickThere are only two beds to accommodate the ill
There are 6 passengers
Formula used:
The formula for a Binomial Distribution is
The probability of exactly x successes in n trials is
Where n= number of trials
x= the number of successes
Calculation:
In this problem, a binomial distribution is accurate to use because there are two or more consecutive trials (the six people on board the boat) and there are only two possible, independent outcomes(get sick or not). Using the equation above we can calculate the probability that
The calculation for
The calculation for
Because
Adding up these probabilities we can determine the probability that
Because this probability is so low, it is very unlikely that the owner of the boat will run out of beds below deck.
Conclusion:
Thus, the probability of having enough room to accommodate the illis
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Chapter 6 Solutions
Introduction to Business Statistics
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