Eighty percent of the employees at Rowan University have their biweekly Wages deposit directly to their bank by electronic deposit program. Suppose we select a random samples of 8 employees. What is the probability that three of the eight (8) sampled employees use direct deposit program?
Use the binomial distribution
So we want P(X = 3)
Using our binomial distribution calculator, we get P(X = 3) = 0.0092
Use the binomial distribution
- p = 0.8
- n = 8
- k = 3
So we want P(X = 3)
Using our binomial distribution calculator, we get P(X = 3) = 0.0092