00:01
In this problem, it is said that 95 % of first class mail within the same city is delivered within two days of the time of mailing.
00:09
Six letters are randomly sent to different locations and we need to answer a few questions.
00:15
So based on the information given in the question, let's consider x to be a random variable, which denotes the number of letters out of those six letters which arrive within two days of the time of mailing.
00:29
This random variable x is going to follow a binomial distribution.
00:35
In this binomial distribution, the parameters are n and p.
00:39
N is the number of trials, that will be six in this case because we're considering six letters, and p is the probability of success since 95 % of first class mail within the same city is delivered within two days of the time of mailing.
00:51
So p will be 95%, which is 95 over 100, or 0 .95.
00:57
Now recall the probability mass function for a binomial random variable x.
01:02
The probability of exactly r successes is given by ncr, p to the power of r, 1 minus p to the power of n minus r.
01:10
Now we're going to use this formula to find the answer to the first question, what is the probability that all six arrive within two days? so the probability of exactly six successes, we want r to be six in this case.
01:22
So we have ncr, p to the power of r, 1 minus p to the power of n minus r.
01:32
So if we calculate this, we'll see that this is approximately equal to 0 .73509.
01:38
So this is our required answer.
01:41
Now next, we want to find the probability that exactly five arrive within two days...