Question: If a treatment is effective in 80% of cases, what is the probability that it will be effective for 3 out of 5 patients? (2020)
Options:
Correct Answer: 0.2048
Exam Year: 2020
Solution:
Using the binomial probability formula: P(X=k) = C(n,k) * p^k * (1-p)^(n-k). Here, n=5, k=3, p=0.8. Thus, P(3 out of 5) = C(5,3) * (0.8)^3 * (0.2)^2 = 10 * 0.512 * 0.04 = 0.2048.