Top Banner
IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling
27

BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

Sep 16, 2018

Download

Documents

letuong
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling

without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 2: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from

theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 3: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125.

First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 4: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) =

P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 5: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 6: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)

then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 7: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =

100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 8: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 9: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the

binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 10: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 11: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 12: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =

100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 13: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i =

1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 14: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with

the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 15: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃

Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 16: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(

44 + 12− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 17: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44

+ 12− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 18: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2

− 40√

100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 19: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 20: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100

· 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 21: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 ·

0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 22: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 ·

0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 23: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)=

Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 24: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) =

0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 25: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 26: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃

0.1788

(the skewness correction is (0.0003) if you would like to apply that too).

Page 27: BFN/bfn - Technical University of Denmark · IMM - DTU 02405 Probability 2003-9-13 BFN/bfn We have sampling without replacement. The probability in question can be derived from the

IMM - DTU 02405 Probability

2003-9-13BFN/bfn

We have sampling without replacement. The probability in question can be derived from theresult on page 125. First we use this result to state the probability that we get exactly i menin the sample

P (i) = P (i men) =

(40,000

i

)(60,000100−i

)(100,000100

)then the probability in question can be found as

P (at least 45 men in sample) =100∑i=45

(40,000

i

)(60,000100−i

)(100,000100

) .

We approximate the probabilities P (i) using the binomial distribution

P (i)=̃

(100

i

)0.4i0.6100−i

P (at least 45 men in sample) =100∑i=45

(100

i

)0.4i0.6100−i = 1−P (at most 44 men in sample).

The latter probability can be evaluated approximately with the normal approximation.

P (at most 44 men in sample)=̃Φ

(44 + 1

2− 40

√100 · 0.4 · 0.6

)= Φ(0.92) = 0.8212.

FinallyP (at least 45 men in sample)=̃0.1788

(the skewness correction is (0.0003) if you would like to apply that too).