u are bidding on six items available on an online shopping site. You think that for each bid you have a 35% chance of winning it, and the outcomes of the six bids are independent events. Let number of winning bids out of the six items you bid on. Find the probabilities. Explain why the distribution of X can be modeled by the binomial distribution. Find the probability that you win exactly 4 bids. Find the probability that you win 4 bids or fewer. Find the probability that you win more than 4 bids. Explain why the distribution of X can be modeled by the binomial distribution. A. The trials are independent. B. The data are binary. C. The data are not binary. D. Probabilities of success for trials (bids) differ for each trial, E. The trials are dependent. O F. There is the same probability of success for each trial (bid). O G. There are a fixed number of bids. OH. The number of bids varies. . The probability of winning exactly 4 bids is. Round to four decimal places as needed.)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Trending now
This is a popular solution!
Step by step
Solved in 4 steps