Compute Probabilities of Binomial Experiments
-According to insurance records a car with a certain protection system will be recovered 95% of the time. Find the probability that 5 of 8 stolen cars will be recovered.
A) 0.005
B) 0.625
C) 0.95
D) 0.05

Question

Quizplus · Accepted Answer

The probability of recovering exactly 5 out of 8 cars can be calculated using the binomial probability formula: P(X=k) = C(n, k) * p^k * (1-p)^(n-k), where n=8, k=5, and p=0.95.