Find the Indicated Binomial Probability

question 29

Multiple Choice

Find the indicated binomial probability. Round to five decimal places when necessary.
-A cat has a litter of 7 kittens. Find the probability that exactly 5 of the little furballs are female. Assume that male and female births are equally likely.

• A)0.16406
• B)0.32813
• C)0.00781
• D)0.65625

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Definitions:

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, such as labor or capital.

Employment

Refers to the condition of having a paid job or being engaged in an activity that generates income.

Complement Labor

Labor types or skills that enhance or supplement each other in the production process, increasing overall productivity.

Marginal Product

The additional output produced as a result of employing one more unit of a particular input, holding other inputs constant.