A coin is tossed 5 times Find the probability that exactly 3
     A coin is tossed 5 times. Find the probability that exactly 3 are tails. Find the probability that at most 2 are tails. The probability that exactly 3 are tails is (Type an integer or decimal rounded to the nearest thousandth as needed.) The probability that at most 2 are tails is (Type an integer or decimal rounded to the nearest thousandth as needed.)  
  
  Solution
As per Bernouli’s formula, the probabilty of exactly x events happening out of n times is
nCx * px * (1-p)1-x
 
 Here, n= 5 x= 3. Then, the probabilty that exactly 3 are tails
 
 5C3 * (1/2)3 * (1/2)2
 
 = 5C3 * (1/2)5
 
 = 10* 1/32
 
 = 5/16 = 0.313
P (at most 2 tails) = P(0,or 1, or 2 tails) = (1/32) + (5/32) + 5C2(1/2)5 = 6/32 + 10/32 = 16/32 = 1/2 = 0.5

