A car insurance company has determined that 9 of all drivers
A car insurance company has determined that 9% of all drivers were involved in a car accident last year. If 10 drivers are randomly selected, what is the probability of getting exactly 3 who were involved in a car accident last year?
Solution
Note that the probability of x successes out of n trials is
P(n, x) = nCx p^x (1 - p)^(n - x)
where
n = number of trials = 10
p = the probability of a success = 0.09
x = the number of successes = 3
Thus, the probability is
P ( 3 ) = 0.045206254 [ANSWER]
