Please solve it perfectly A large fast-food restaurant in Cleveland is having a promotional game where game pieces can be found onvarious products. Customers can win food or cash prizes. According to the company, the probability ofwinning a prize (large or small) with any eligible purchase is 0.126.Consider your next 25 purchases that produce a game piece. Calculate the following:This is a binomial distribution. Round your answer to at least 4 decimal places.What is the probability that you win between 2 and 5 (inclusive) prizes?45Showing work is REQUIRED.Add Work

Answered: A large fast-food restaurant in…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A large fast-food restaurant in Cleveland is having a promotional game where game pieces can be found on
various products. Customers can win food or cash prizes. According to the company, the probability of
winning a prize (large or small) with any eligible purchase is 0.126.
Consider your next 25 purchases that produce a game piece. Calculate the following:
This is a binomial distribution. Round your answer to at least 4 decimal places.
What is the probability that you win between 2 and 5 (inclusive) prizes?
45
Showing work is REQUIRED.
Add Work

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$G I V E N D A T A, P (W I N N I N G P R I Z E) = p = 0.126 n = 25 p u r c h a s e s t h a t p r o d u c e a g a m e p i e c e q = 1 - p = 1 - 0.126 = 0.874 h e r e d a t a f o l l o w s b i n o m i a l d i s t r i b u t i o n s o f o r m u l a f o r t h e d i s t r i b u t i o n i s p (X = x) =_{n} C_{x} * p^{x} * q^{n - x} p r o b a b i l i t y t h a t w i n b e t w e e n 2 a n d 5 (i n c l u s i v e) p r i z e s = ?$