Problem 3-09 (Algorithmic) Consider a binomial experiment with 4 trials and p = 0.6. a. Compute the probability of 1 success, f(1). If required, round your answer to two decimal places. f(1) = b. Compute f(0). If required, round your answer to two decimal places. f(0) = c. Compute f(2). If required, round your answer to two decimal places. f(2) = d. Find the probability of at least one success. If required, round your answer to two decimal places. P(x ≥ 1) = e. Find the expected value, variance, and standard deviation. If required, round your answers to two decimal places. Expected value Variance Standard deviation

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Problem 3-09 (Algorithmic)
Consider a binomial experiment with 4 trials and p = 0.6.
a. Compute the probability of 1 success, f(1). If required, round your answer to two decimal places.
f(1) =
b. Compute f(0). If required, round your answer to two decimal places.
f(0) =
c. Compute f(2). If required, round your answer to two decimal places.
f(2) =
d. Find the probability of at least one success. If required, round your answer to two decimal places.
P(x ≥ 1) =
e. Find the expected value, variance, and standard deviation. If required, round your answers to two decimal places.
Expected value
Variance
Standard deviation
Transcribed Image Text:Problem 3-09 (Algorithmic) Consider a binomial experiment with 4 trials and p = 0.6. a. Compute the probability of 1 success, f(1). If required, round your answer to two decimal places. f(1) = b. Compute f(0). If required, round your answer to two decimal places. f(0) = c. Compute f(2). If required, round your answer to two decimal places. f(2) = d. Find the probability of at least one success. If required, round your answer to two decimal places. P(x ≥ 1) = e. Find the expected value, variance, and standard deviation. If required, round your answers to two decimal places. Expected value Variance Standard deviation
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