Choose the correct problem formulation: A Statistics Department is contacting alumni by telephone asking for donations to help fund a new computer laboratory. Past history shows that 80% of the alumni contacted in this manner will make a contribution of at least $50. A random sample of 20 alumni is selected. Let x represent the number of alumni that makes a contribution of at least $50. What is the probability that exactly 15 alumni will make a contribution of at least $50

Respuesta :

Answer:

0.1745

Step-by-step explanation:

We are given the following information:

We treat alumni contacted by telephone making a contribution of at least $50 as a success.

P(Alumni making a contribution) = 80% = 0.8

Then the number of alumni follows a binomial distribution, where

[tex]P(X=x) = \binom{n}{x}.p^x.(1-p)^{n-x}[/tex]

where n is the total number of observations, x is the number of success, p is the probability of success.

Sample size, n = 20

We have to evaluate:

[tex]P(x = 15)\\= \binom{20}{15}(0.8)^{15}(1-0.8)^5\\=0.1745[/tex]

Thus, 0.1745 is the probability that exactly 15 alumni will make a contribution of at least $50 when contacted by telephone.

Using the binomial distribution, it is found that there is a 0.1746 = 17.46% probability that exactly 15 alumni will make a contribution of at least $50.

What is the binomial distribution formula?

The formula is:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

The parameters are:

  • x is the number of successes.
  • n is the number of trials.
  • p is the probability of a success on a single trial.

In this problem:

  • 80% of the alumni contacted in this manner will make a contribution of at least $50, hence p = 0.8.
  • A random sample of 20 alumni is selected, hence n = 20.

The probability that exactly 15 alumni will make a contribution of at least $50 is P(X = 15), hence:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 15) = C_{20,15}.(0.8)^{15}.(0.2)^{5} = 0.1746[/tex]

0.1746 = 17.46% probability that exactly 15 alumni will make a contribution of at least $50.

More can be learned about the binomial distribution at https://brainly.com/question/24863377