The Center for Medicare and Medical Services reported that there were 295,000 appeals for hospitalization and other Part A Medicare service. For this group 40% of first-round appeals were successful. Suppose 10 first round appeals have just been received by a Medicare appeals office.
- Compute the probability that none of the appeals will be successful.
- Compute the probability that exactly one of the appeals will be successful.
- What is the probability that at least two of the appeals will be successful?
- What is the probability that more than half of the appeals will be successful?