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Question

Determine the probability of 3 successes in a binomial distribution whose mean and variance are respectively 2 and 1.5.

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Solution

Let the parameters of the binomial distribution be n,P.
Give the mean is 2np=2
Variance is 1.5npq=1.5 where q=1p
q=1.52=34
P=1q=134=14
np=2n×14=2n=8
The binomial distribution is ,
p(x=r)=8Cr(14)r(34)8r for r=0,1,......8.
The probability of 3 successes in the binomial distribution =P(x=3)
= 8C3.(14)3(34)5
=56.3548

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