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GeneralRe: little probability Q Pin
Bassam Abdul-Baki22-Aug-06 6:57
professionalBassam Abdul-Baki22-Aug-06 6:57 
GeneralRe: little probability Q Pin
Chris Losinger22-Aug-06 7:05
professionalChris Losinger22-Aug-06 7:05 
GeneralRe: little probability Q Pin
73Zeppelin22-Aug-06 7:16
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GeneralRe: little probability Q Pin
Zac Howland22-Aug-06 7:16
Zac Howland22-Aug-06 7:16 
AnswerRe: little probability Q Pin
73Zeppelin22-Aug-06 7:05
73Zeppelin22-Aug-06 7:05 
GeneralRe: little probability Q Pin
Dustin Metzgar23-Aug-06 2:52
Dustin Metzgar23-Aug-06 2:52 
AnswerRe: little probability Q Pin
ricecake23-Aug-06 3:07
ricecake23-Aug-06 3:07 
AnswerRe: little probability Q Pin
Jon Sagara22-Aug-06 16:34
Jon Sagara22-Aug-06 16:34 
My dumb-dumb Stats 100 textbook says that you can approximate the answer by using the binomial probability distribution.

Conditions:
1. The procedure has a fixed number of trials (10)
2. The trials must be independent.*
3. Each trial must have all outcomes classified into two categories (black and white).
4. The probabilities must remain constant for each trial.

n = # of trials = 10
x = # of successes among n trials = 3
p = prob. of success in any one trial = 300/6000 = 0.05
q = prob. of failure in any one trial = (1 - p) = 0.95

Then

P(3) = (10!) / ((10 - 3)! * 3!) * (0.05)^3 * (0.95)^(10-3)

Which, when I calculated it out, equals 0.0104750594. My TI's binompdf function agrees.

Stats/Math nerds, if this is wrong, please let us know.

* The justification for using this as an approximation even though we're selecting without replacement is this:

"When sampling without replacement, the events can be treated as if they were independent if the sample size is no more than 5% of the population size. (That is, n <= 0.05N.)" 10 <= 300, so we're good.

Jon Sagara
When I grow up, I'm changing my name to Joe Kickass!
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GeneralRe: little probability Q Pin
73Zeppelin22-Aug-06 21:08
73Zeppelin22-Aug-06 21:08 
GeneralFour Are Given Highest Honor in Mathematics Pin
Bassam Abdul-Baki22-Aug-06 3:39
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QuestionFourier Series Pin
Sarath C20-Aug-06 3:14
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Bassam Abdul-Baki22-Aug-06 3:29
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