Answer:
The probability that five of the eight students exhibit an higher IQ than the median of the general population is 0.21875
Explanation:
The given parameters are;
The number of students in the sample, n = 8
The number of the students, x, that exhibit higher IQ's than the median = 5
The probability of obtaining the given result by chance is given as follows;
P(x) = n!/((n - x)!x!) × pˣ × qⁿ⁻ˣ
The probability that a student exhibit higher IQ's than the median = 0.5 = p
Similarly, we have, the probability that a student exhibit lower IQ's than the median = 0.5 = q
Substituting the known values, gives;
P(5) = (8!/((8 - 5)!×5!)) × 0.5^(5) × 0.5^(8 - 5) = 0.21875
Therefor, the probability that 5 of the 8 students exhibit an higher IQ than the median of the general population, P(5) = 0.21875.