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20210916160453D6365 - Session 05-06 - Discrete Probability Distributions
20210916160453D6365 - Session 05-06 - Discrete Probability Distributions
Session 5-6
Learning Objectives
There is a 0.37% chance that there will be at least three tagged order forms
in a sample of four.
Bina Nusantara
Bina Nusantara University 26
Bina Nusantara University 27
APPLYING THE CONCEPTS
Refer to Problem 5.40. In the same time period, 24% of the consumers
registering a bank account and service compliant cited “deposit and
withdrawal” as the type of complaint; these are issues such as
transaction holds and unauthorized transactions.
a. What is the expected value, or mean, of the binomial distribution?
b. What is the standard deviation of the binomial distribution?
c. What is the probability that none of the 20 consumers cited “deposit
and withdrawal” as the type of complaint?
d. What is the probability that no more than 2 of the consumers cited
“deposit and withdrawal” as the type of complaint?
e. What is the probability that 3 or more of the consumers cited “deposit
and withdrawal” as the type of complaint?