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35. The Center for Medicare and Medical Services reported that there were 295,000 appeals for hospitalization...

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Basic Math

35. The Center for Medicare and Medical Services reported thatthere were 295,000 appeals for hospitalization and other Part AMedicare service. For this group, 40% of first-round appeals weresuccessful (The Wall Street Journal, October 22, 2012). Suppose 10firstround appeals have just been received by a Medicare appealsoffice.

PLEASE SHOW HOW TO COMPUTE ANSWERS IN EXCEL USING EXCELFORMULAS

a. Compute the probability that none of the appeals will besuccessful.

b. Compute the probability that exactly one of the appeals willbe successful.

c. What is the probability that at least two of the appeals willbe successful?

d. What is the probability that more than half of the appealswill be successful?

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