A3: Suppose a player plays a game of chance with probability 0.3 that they are successful and 0.7 that they fail. i. What is the probability that they will win three times if they play the game 8 times? ii. ‘One of the assumptions of the binomial distribution is that the trials are independent’. Is this statement true or false? Explain. iii. What is the expected value of wins if the player

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A3: Suppose a player plays a game of chance with probability 0.3 that they are
successful and 0.7 that they fail.
i. What is the probability that they will win three times if they play the game 8
times?

ii. ‘One of the assumptions of the binomial distribution is that the trials are
independent’. Is this statement true or false? Explain.

iii. What is the expected value of wins if the player

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