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Probability of admittance at mba

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Reference no: EM131743172

A group of 8 students apply for MBA program at CBA, CSULB. According to the historical data, probability of admittance at MBA program is .65. Using the formula and showing all work and steps, compute the followings:

1. Probability for the following number of students to get admitted:

3, 2, 1, 0

2. Probability of at least 4 students get admitted

3. Expected value of the discrete probability

4. Standard deviation

If you do not show work and steps, you will lose points

Reference no: EM131743172

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