According to a poll, 30% of voters support a ballot initiative. Hans randomly surveys 5 voters.

What is the probability that exactly 2 voters will be in favor of the ballot initiative? Round the answer to the nearest thousandth.

A. 0.024
B. 0.031
C. 0.132
D. 0.309



Answer :

To find the probability that exactly 2 out of 5 voters support the ballot initiative, given that 30% of voters support it, we will use the binomial probability formula.

The binomial probability formula is:
[tex]\[ P(k \text{ successes}) = {}_n C_k \cdot p^k \cdot (1 - p)^{n - k} \][/tex]

Where:
- [tex]\(n\)[/tex] is the number of trials (voters being surveyed), which is 5 in this case.
- [tex]\(k\)[/tex] is the number of successes (voters supporting the initiative), which is 2 here.
- [tex]\(p\)[/tex] is the probability of success on an individual trial, given as 0.3 (30%).
- [tex]\({}_n C_k\)[/tex] is the binomial coefficient, also known as "n choose k", which calculates the number of ways to choose [tex]\(k\)[/tex] successes out of [tex]\(n\)[/tex] trials.

First, we calculate the binomial coefficient [tex]\({}_n C_k\)[/tex]:
[tex]\[ {}_5 C_2 = \frac{5!}{(5-2)! \cdot 2!} = \frac{5!}{3! \cdot 2!} = \frac{5 \cdot 4 \cdot 3!}{3! \cdot 2 \cdot 1} = \frac{5 \cdot 4}{2 \cdot 1} = 10 \][/tex]

Now we use the binomial probability formula:
[tex]\[ P(2 \text{ successes}) = 10 \cdot (0.3)^2 \cdot (1 - 0.3)^{5 - 2} \][/tex]

Calculating each component:
[tex]\[ (0.3)^2 = 0.09 \][/tex]
[tex]\[ (1 - 0.3) = 0.7 \][/tex]
[tex]\[ 0.7^{3} = 0.343 \][/tex]

Putting it all together:
[tex]\[ P(2 \text{ successes}) = 10 \cdot 0.09 \cdot 0.343 \][/tex]
[tex]\[ = 10 \cdot 0.03087 \][/tex]
[tex]\[ = 0.3087 \][/tex]

Rounding to the nearest thousandth, the probability that exactly 2 out of 5 voters support the ballot initiative is:
[tex]\[ 0.309 \][/tex]

Therefore, the answer is:
[tex]\[ 0.309 \][/tex]