=You are bidding on six items available on an online shopping site.You think that for each bid you have a 25% chance of winning it, andthe outcomes of the six bids are independent events. Let X denotethe number of winning bids out of the six items you bid on. Find theprobabilities.a. Explain why the distribution of X can be modeled by the binomialdistribution.b. Find the probability that you win exactly 4 bids.c. Find the probability that you win 4 bids or fewer.d. Find the probability that you win more than 4 bids.RD. There is the same probability of success for each trial (bid).EXEThe number of bids varies.VEThe data are binary.XG. The trials are dependent.H. Probabilities of success for trials (bids) differ for each trial.b. The probability of winning exactly 4 bids is 0.0329(Round to four decimal places as needed.)c. The probability of winning 4 bids or fewer is.(Round to four decimal places as needed.)SEP20Clear all5tvCheck answergrÅ

The provided information is as follows:The probability that each bid have a chance of winning is…

Answered: You are bidding on six items available…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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20% of teenagers in a small town say they like reading news online. Suppose you randomly select 7 teenagers from the town and ask them whether or not they enjoy reading news online. Find the probability that at least 3 say they enjoy reading news online.
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10
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Five players play a game where five distinct numbers numberedone through five are randomly distributed to each player. Two players choosea number and compare their numbers. The player with the higher numberwins. The game begins with players 1 and 2 comparing their numbers. Thewinner compares their number with player 3’s number and so on. IfXde-notes the number of times player 1 wins, find the probability distribution ofX.
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n a large population, 46% of the households own DVD recorders. A simple random sample of 100 households from this population is to be contacted and the sample proportion computed. Which expression represents the probability that more than half the households sampled will own a DVD recorder?
You 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 X denote the number of winning bids out of the six items you bid on. Find the probabilities. a. Explain why the distribution of X can be modeled by the binomial distribution. b. Find the probability that you win exactly 4 bids. c. Find the probability that you win 4 bids or fewer. d. Find the probability that you win more than 4 bids. a. Explain why the distribution of X can be modeled by the binomial distribution. A. The trials are independent. O B. The data are binary. C. The data are not binary. D. Probabilities of success for trials (bids) differ for each trial. OE. The trials are dependent. F. There is the same probability of success for each trial (bid). G. There are a fixed number of bids. O H. The number of bids varies. b. The probability of winning exactly 4 bids is (Round to four…
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