For a binomial probability distribution with P = 0.5 and n = 12, find the probability that

Question:

For a binomial probability with P = 0.5 and n = 12, find the probability that the number of successes is equal to 7 and the probability that the number of successes is fewer than 6.
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...