
Kris V. answered 06/21/17
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This is an application of the Binomial Distribution P{X=k} = C(n, k)pk(1-p)n-k
10.7% of the population is 65 or older
⇒ p = 0.107 , and 1-p = 0.893
Let X = number of persons older than 65 out of 25 selected.
a) The probability that exactly 2 are 65 or older is
P{X=2} = C(25, 2)p2(1-p)25-2
= 300(0.107)2(0.893)23
= 0.2543
b) The probability at most 2 are 65 or older is
P{X≤2} = P{X=0} + P{X=1} + P{X=2}
= C(25,0)(0.107)0(0.893)25 + C(25,1)(0.107)1(0.893)24 + 0.2543
= 0.4903