Answer:
a) 99.68% probability that at least one tie is too tight.
b) 90.88% probability that more than two ties are too tight.
c) 0.32% probability that no tie is too tight.
d) 2.43% probability that at least 18 ties are not too tight.
Explanation:
For each businessman, there are only two possible outcomes. Either their ties are too tight, or they are not. The probability of each businessman having a tie being too tight is independent from each other. So we use the binomial probability distribution to solve this problem.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which
is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
In this problem we have that:
(a) at least one tie is too tight
Either no ties are too tight, or at least one is. The sum of the probabilities of these events is decimal 1. So
We want
. So
99.68% probability that at least one tie is too tight.
(b) more than two ties are too tight
Either two or less ties are too tight, or more than two are. The sum of the probabilities of these events is decimal 1. So
We want
So
In which
Finally
90.88% probability that more than two ties are too tight.
(c) no tie is too tight
0.32% probability that no tie is too tight.
(d) at least 18 ties are not too tight
This is the same as at most 1 tie is too tight.
2.43% probability that at least 18 ties are not too tight.