In: Statistics and Probability
According to Masterfoods, the company that manufactures M&M’s, 12% of peanut M&M’s are brown, 15% are yellow, 12% are red, 23% are blue, 23% are orange and 15% are green. You randomly select five peanut M&M’s from an extra-large bag of the candies. (Round all probabilities below to four decimal places; i.e. your answer should look like 0.1234, not 0.1234444 or 12.34%.)
Compute the probability that exactly four of the five M&M’s are orange.
Compute the probability that three or four of the five M&M’s are orange.
Compute the probability that at most four of the five M&M’s are orange.
Compute the probability that at least four of the five M&M’s are orange.
Solution:
Given that,
According to Masterfoods, the company that manufactures M&M’s, 12% of peanut M&M’s are brown, 15% are yellow, 12% are red, 23% are blue, 23% are orange and 15% are green.
So, Probability (Orange) = 0.23
The probability that exactly four of the five M&M’s are orange = 0.0108
The probability that three or four of the five M&M’s are orange = 0.0829
The probability that at most four of the five M&M’s are orange = 0.9994
The probability that at least four of the five M&M’s are orange = 0.0114
Explanation:
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