CK-12 Probability and Statistics - Advanced

(Marvins-Underground-K-12) #1

7.3. Binomial Distribution and Binomial Experiments http://www.ck12.org


a. What is the expected number of households with annual incomes less than $56,400?
b. What is the standard deviation of households with incomes less than $56,400?
c. What is the probability of getting at least 18 out of the 24 households with annual incomes under
$56,400?

Review Answers



  1. (a) The operative word in this problem is ’median’; if the median income is $56,400, then this indicates that
    one-half of the income falls below $56,400 and one-half of the income lies above it. Therefore, the chance of
    a randomly selected income being below the median income is 0.5. LetXrepresent the number of households
    with incomes below the median in a random sample of size 24.Xhas a binomial distribution withn=24 and
    p= 0 .5.
    E(X) =n p=μx
    E(X) = ( 24 )( 0. 5 ) = 12
    (b) The standard deviation of households with incomes less than $56,400 is
    σx=



n p( 1 −p)
σx=


12 ( 1 − 0. 5 )


σx= 2. 25
(c)P(X≥ 18 )≈
(
n
k

)


=


n!
k!(n−k)!

(


n
k

)


=


n!
k!(n−k)!

(


n
k

)


=


n!
k!(n−k)!
(
24
18

)


=


24!


18!( 24 − 18 )!


(


24


19


)


=


24!


19!( 24 − 19 )!


(


24


20


)


=


24!


20!( 24 − 20 )!


(


24


18


)


= 134596


(


24


19


)


= 42504


(


24


20


)


= 10626


(


n
k

)


=


n!
k!(n−k)!

(


n
k

)


=


n!
k!(n−k)!

(


n
k

)


=


n!
k!(n−k)!
(
24
21

)


=


24!


21!( 24 − 21 )!


(


24


22


)


=


24!


22!( 24 − 22 )!


(


24


23


)


=


24!


23!( 24 − 23 )!


(


24


21


)


= 2024


(


24


22


)


= 276


(


24


23


)


= 24


(


n
k

)


=


n!
k!(n−k)!

P(X= 18 ) = 134596 ( 0. 5 )^24 ≈ 0. 0080


(


24


24


)


=


24!


24!( 24 − 24 )!


P(X= 19 ) = 42504 ( 0. 5 )^24 ≈ 0. 0025


(


24


24


)


= 1 P(X= 20 ) = 10626 ( 0. 5 )^24 ≈ 0. 0006


P(X= 21 ) = 2024 ( 0. 5 )^24 ≈ 0. 0001


P(X= 22 ) = 276 ( 0. 5 )^24 ≈ 0. 000016


P(X= 23 ) = 24 ( 0. 5 )^24 ≈ 0. 0000014


P(X= 24 ) = 1 ( 0. 5 )^24 ≈ 0. 00000006


The sum of these probabilities gives the answer to the question: 0. 01121746.
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