Final answer:
The question asks for the probability of getting exactly 5 successes in 30 binomial trials with a success probability of 1/5, which can be found using the binomial probability formula and involves calculating combinations and raising probabilities to the respective powers.
Step-by-step explanation:
The probability of exactly x = 5 successes in n = 30 trials when the probability of success on a single trial is p = 1/5 can be found using the binomial probability formula:
P(X = x) = (n choose x) * p^x * q^(n - x), where q = 1 - p is the probability of failure on a single trial.
First, calculate q:
q = 1 - p
q = 1 - (1/5)
q = 4/5
Then, use the combination formula for (n choose x):
(30 choose 5) = 30! / (5! * (30 - 5)!)
Next, plug in values into the binomial formula:
P(X = 5) = (30 choose 5) * (1/5)^5 * (4/5)^(30 - 5)
Solving the above expression gives us the probability of 5 successes in 30 trials with a success probability of 1/5. Remember to round to three decimal places as requested.