The probability that an American CEO can transact business i
The probability that an American CEO can transact business in a foreign language is .20. Twelve American CEOs are chosen at random.
a.What is the probability that none can transact business in a foreign language?
b. What is the probability that at least two can transact business in a foreign language?
c. What is the probability that all 12 can transact business in a foreign language?
| The probability that an American CEO can transact business in a foreign language is .20. Twelve American CEOs are chosen at random. a.What is the probability that none can transact business in a foreign language? b. What is the probability that at least two can transact business in a foreign language? c. What is the probability that all 12 can transact business in a foreign language? |
Solution
a) probability that none can transact business in a foreign language = 12C0 (0.20)0(1-0.20)12 =0.0687
b) probability that at least two can transact business in a foreign language = 1 - probability that at most one can transact business in a foreign language = 1 -12C0 (0.20)0(1-0.20)12 - 12C1(0.20)1(1-0.20)11 = 0.7251
c) probability that all 12 can transact business in a foreign language = 12C12 (0.20)12(1-0.20)0 = 0.00000000409
