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7. A company makes Citi bikes. 95% (i.e., 0.95) pass final inspection. Suppose that 5 bikes are randomly selected. Hint use binomial distribution formula
7. A company makes Citi bikes. 95% (i.e., 0.95) pass final inspection. Suppose that 5 bikes are randomly selected. Hint use binomial distribution formula given on page number 203. a What is the probability that exactly 4 of these 5 sports bikes pass final inspection? b What is the probability that less than 3 of these 5 sports bikes pass final inspection?
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