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Prob Dist Practice
Prob Dist Practice
Binomial Distribution
Near Retir 50%
22% Near R 90%
n=10 p=0.22 n=5 p=0.08
## a) Probability that during 2008, Zero had 90% or more of their investme nts in stocks is= 0.0833
b) Probability that during 2008, exactly one had 90% or more of his investments in stocks is given by P(X = 1)=0.2351
c) Probability that during 2008, two or fewer had 90% or more of their investment in stocks is given by P(X ≤ 2)=0.61688
d) Probability that during 2008, three or more had 90% or more of their investments in stocks is given by P(X ≥ 3)== 1-P(2)cum
Q2.
m=2.4 m=2
P(x=0) 0.090718 px=0 0.135335
P(x=1) 0.217723
P(x>=2)=1- 0.308441
P(x<3)=P(x 0.569709
Q3.
m=6
P(x<5)=P(0,0.285057
P(x=5) 0.160623
P(x>=5)=1- 0.714943
Px=4+px-= 0.294476