Final answer:
a. The value of n for this binomial experiment is 14. b. The probability of a success is 0.30. c. The probability that exactly four out of 14 students have healthy cholesterol levels can be calculated using the binomial probability formula.
Step-by-step explanation:
a. The fixed number of trials, n, is equal to the number of students in the group. In this case, n = 14 since there are 14 students.
b. The probability of a success, p, is given as 0.30, which is the probability of a student having a healthy cholesterol level.
c. To find the probability that exactly four out of 14 students have healthy cholesterol levels, we can use the binomial probability formula:
P(X = k) = (n choose k) * p^k * (1-p)^(n-k)
Plugging in the values, we have:
P(X = 4) = (14 choose 4) * 0.30^4 * (1-0.30)^(14-4)
Calculating this expression will give the desired probability.