In Exercises 1–4, find the indicated probability using the geometric distribution.
Find P(3) when p = 0.65
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In Exercises 1–4, find the indicated probability using the geometric distribution.
Find P(3) when p = 0.65
Mean, Variance, and Standard Deviation In Exercises 11–14, find the mean, variance, and standard deviation of the binomial distribution with the given values of n and p.
n = 316, p = 0.82
In your own words, describe the difference between the value of x in a binomial distribution and in the Poisson distribution.
Identifying Probability Distributions In Exercises 27 and 28, determine whether the distribution is a probability distribution. If it is not a probability distribution, explain why.
Finding an Expected Value In Exercises 37 and 38, find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose.
In American roulette, the wheel has the 38 numbers, 00, 0, 1, 2, . . ., 34, 35, and 36, marked on equally spaced slots. If a player bets \$1 on a number and wins, then the player keeps the dollar and receives an additional \$35. Otherwise, the dollar is lost.
Graphical Analysis In Exercises 3–5, the histogram represents a binomial distribution with five trials. Match the histogram with the appropriate probability of success p. Explain your reasoning.
a. p = 0.25
b. p = 0.50
c. p = 0.75