Binomial random variable
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Offering tropical bananas has been the most effective way to keep employees happy. It has been shown to be 96% effective if the right kind of bananas are chosen. If 5 unhappy employees are offered the right kind of bananas, what is the probability that 4 of them are kept happy?
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Solution Summary
The solution gives the details computing probability density function of a binomial random variable at a given point. Detailed solution is given with interpretations.
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