Question: Probabilities for the binomial distribution can be calculated in Excel using the BINOM.DIST function. This Excel function is especially useful when the value of n
Probabilities for the binomial distribution can be calculated in Excel using the BINOM.DIST function.
This Excel function is especially useful when the value of n is large or p is not available in binomial
tables. Suppose that X follows a binomial distribution, where n = 100 and p = .45. Use Excel to find:
a) The probability that X = 50. Hint, use FALSE for the cumulative argument.
b) The probability that X 50. Hint, use TRUE for the cumulative argument.
c) The probability that X > 50.
d) The probability that 40 X 55.
Include the Excel function used and its result
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