Each year a company selects 5 employees for a management training program at a university. On average,

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Each year a company selects 5 employees for a management training program at a university. On average, 40% of those sent complete the course in the top 10% of their class. If we consider an employee finishing in the top 10% of the class a success in a binomial experiment, then for the 5 employees entering the program, there exists a binomial distribution involving P(x successes out of 5). For the binomial distribution,

(A) Write the probability function.

(B) Construct a table.

(C) Draw a histogram.

(D) Compute the mean and standard deviation.

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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