5.14: Binomial Distribution | Exercise Solution of Probability & Statistics by Walpole 9th Edition

This is the exercise problem solution of Chapter number 5, "Some Discrete Probability Distributions " from 9th edition of "Probability and Statistics for Engineers and Scientists by Walpole". In this video, I solved exercise problem 5.14 to discuss the fundamental probability concepts of Binomial distribution and explained the conceptual over of a discrete random variable.
5.14 The percentage of wins for the Chicago Bulls basketball team going into the playoffs for the 1996-97 season was 87.7. Round the 87.7 to 90 in order to use Table A.1.
(a) What is the probability that the Bulls sweep (4-0) the initial best-of-7 playoff series?
(b) What is the probability that the Bulls win the initial best-of-7 playoff series?
(c) What very important assumption is made in answering parts (a) and (b)?
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