Question

60 marbles in a jar, of which 20 are red, 40 are white

using binomial distribution method;

a) what is the probability that the fifth marble selected would be red?

b) what is the binomial probability that you would NOT select exactly 4 red marbles? (BEST THREE decimal places w/calculations. )

c) determine the binomial probability that you would select less than five red marbles to the best three decimal places. SHOW THE DETAILS of calculations.

d) Please determine the long run VARIANCE of the number of RED marbles PER SAMPLE OF SIX marbles.

e) log run AVERAGE of the number of RED marbles, PER SAMPLE OF SIX marbles?

Answer 1