Questions: Assume that a procedure yields a binomial distribution with n=8 trials and a probability of success of p=0.60. Use a binomial probability table to find the probability that the number of successes x is exactly 1.
Transcript text: Assume that a procedure yields a binomial distribution with $n=8$ trials and a probability of success of $p=0.60$. Use a binomial probability table to find the probability that the number of successes $x$ is exactly 1 .
Solution
Solution Steps
Step 1: Define the Binomial Distribution Parameters
We are given a binomial distribution with the following parameters:
Number of trials \( n = 8 \)
Probability of success \( p = 0.60 \)
Probability of failure \( q = 1 - p = 0.40 \)
Step 2: Calculate the Probability of Exactly 1 Success
To find the probability of exactly \( x = 1 \) success, we use the binomial probability formula: