Solution
Explanation:
Binomial probability distribution
Probability of exactly x successes on n repeated trials, with p probability.
Can be approximated to a normal distribution, using the expected value and the standard deviation.
The expected value of the binomial distribution is:
The standard deviation of the binomial distribution is:
Normal probability distribution
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation , the zscore of a measure X is given by:
p = 61% = 0.61
n = 149