Suppose the random variable x has a binomial distribution corresponding to n 20 and p 30 Use Table 1 of Appendix I to calculate these probabilities a P(x 5) b P(x 7) ...

Suppose the random variable x has a binomial distribution corresponding to n = 20 and p =

Question:

Suppose the random variable x has a binomial corresponding to n = 20 and p = .30. Use Table 1 of Appendix I to calculate these probabilities:
a. P(x = 5)
b. P(x ≥ 7)
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...