In: Statistics and Probability
A large fast-food restaurant is having a promotional game where
game pieces can be found on various products. Customers can win
food or cash prizes. According to the company, the probability of
winning a prize (large or small) with any eligible purchase is
0.192.
Consider your next 34 purchases that produce a game piece.
Calculate the following:
This is a binomial distribution. Round your answers to 4 decimal places.
a) What is the probability that you win 7 prizes?
b) What is the probability that you win more than 9 prizes?
c) What is the probability that you win between 4 and 7 (inclusive) prizes?
d) What is the probability that you win 5 prizes or
fewer?
here this is binomial with parameter n=34 and p=0.192 |
a)
P(X=7)= | (nCx)px(1−p)(n-x) = | 0.1637 |
if using ti-84 press -2nd -vars :binompdf(34,0.192,7) |
if using excel use command :binomdist(7,34,0.192,false) |
b)
P(X>=10)=1-P(X<=9)= | 1-∑x=0x-1 (nCx)px(q)(n-x) = | 0.1016 |
if using ti-84 press 2nd -vars- command :1-binomcdf(34,0.192,9) |
if using excel use command :1-binomdist(9,34,0.192,true) |
c)
P(4<=X<=7)= | ∑x=ab (nCx)px(1−p)(n-x) = | 0.5909 |
if using ti-84 press 2nd -vars- command :binomcdf(34,0.192,7)-binomcdf(34,0.192,3) |
if using excel use command :binomdist(7,34,0.192,true)-binomdist(3,34,0.192,true) |
d)
P(X<=5)= | ∑x=0a (nCx)px(1−p)(n-x) = | 0.3412 |
if using ti-84 press 2nd- vars - command :binomcdf(34,0.192,5) |
if using excel use command :binomdist(5,34,0.192,true) |