i have this question here;
Let X1, X2, X3, X4 be random variables that are all independent of each other and have the same distribution, namely, P(X1 = 1) = 0.2, P(X1 = 0) = 0.8, and identically so for X2, X3, X4. Calculate the probability that P(X1 + X2 + X3 + X4 <= 3).
My calculation as such.
n = 4, p = 0.2, x <=3
Using binomial formula, the probability distribution is as such
x = 0, 0.4096
x = 1, 0.4096
x = 2, 0.1536
x = 3, 0.0256
x = 4, 0.0016
Adding x = 3 and below, total probability for P(X1 + X2 + X3 + X4 <= 3) is 0.9984
Is 0.9984 correct?