Independent solution
How to solve this Binomial Distribution question
Setup
Setup
Count no-accident months among the first seven months. Independence and the 0.40 monthly no-accident probability give a binomial count.
Model
Model
The target event is equivalent to observing at least four no-accident months in those seven trials.
Compute
Compute
Adding the binomial masses from four through seven gives 0.289792.
Answer
Answer
The required binomial upper-tail probability is approximately 0.29, selecting choice D.