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Explanation:

Identify the binomial parameters

Using the Binomial Probability Distribution knowledge point

$$ LATEXBLOCK0 $$

Apply the binomial formula

Using the Binomial Probability Distribution knowledge point

$$ LATEXBLOCK1 $$

Calculate the combinations and powers

Using the Binomial Probability Distribution knowledge point

$$ LATEXBLOCK2 $$

Compute the final probability

Using the Binomial Probability Distribution knowledge point

$$ LATEXBLOCK3 $$

Answer:

Consider a binomial random variable with \(n = 7\) and \(p = 0.8\). Let \(x\) be the number of successes in the sample. Evaluate the probability. (Round your answer to three decimal places.)

\(P(x = 3) =\) <blank>\(0.029\)</blank>