Consider a series system composed of 4 separate components where each component has a 30% chance of failing. Assume each component functions independent of each other and the system will fail if at least one of the components fails. If you have 7 of these systems, what is the probability that exactly 3 of them would function? Clearly state the events of interest and random variable of interest using the context of the problem. Hint: Find the probabi

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Answer:

16.15% probability that exactly 3 of them would function

Step-by-step explanation:

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Probability of each system working:

4 components, which means that [tex]n = 4[/tex]

Each has a 30% probability of failing, so [tex]p = 1 - 0.3 = 0.7[/tex]

For the system to work, all 4 components have to work. This is P(X = 4).

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 4) = C_{4,4}.(0.7)^{4}.(0.3)^{0} = 0.2401[/tex]

0.2401 probability of a system working.

If you have 7 of these systems, what is the probability that exactly 3 of them would function?

Now 7 systems, so [tex]n = 7[/tex]

0.2401 probability of a system working.

We have to find P(X = 3).

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 3) = C_{7,3}.(0.2401)^{3}.(0.7599)^{4} = 0.1615[/tex]

16.15% probability that exactly 3 of them would function