Question

A dance studio teaches students a contemporary dance form. it is observed that the probability of students from this studio becoming dance teachers is 0.69. an event management company wants to use this studio for a show. they decide to observe it for a year before making the deal. they enroll 120 students of their own in this studio and decide that once 75 of them get jobs as dance teachers, they will sign the contract with them. what is the probability that the event management company will sign the contract with the dance studio? a. 0.076 b. 0.053 c. 0.024 d. 0.924 e. 0.947

Answer 1

The probability that the event management company will sign the contract with the dance studio is; c. 0.024

How to solve binomial probability?

The general formula for binomial Probability is;

P(X = x) = ⁿCₓ * pˣ * (1 - p)⁽ⁿ ⁻ ˣ⁾

From the question, we want to find;

P(X = 75)

where;

Sample size; n = 120 and probability of success; p = 0.69

Thus, we have;

P(X = 75) = ¹²⁰C₇₅ * 0.69⁷⁵ * (1 - 0.69)⁽¹²⁰ ⁻ ⁷⁵⁾

P(X = 75) = 0.024

Read more about Binomial Probability at; https://brainly.com/question/2879525