Answer :
The answers to each part are as follows -
a. n refers to the number of bought tickets. p is representative of the probability that I will win some prize after taking a single ticket.
b. The values of X will be in the range 0 to 5. It is indicative of number of won tickets. Hence, values that are possible are 0, 1, 2, 3, 4 and 5.
c. The probability of each value of x will be calculated using Binomial formula. The formula is-
P(x) = (n choose x) × [tex] {p}^{x} [/tex] × [tex] {(1 - p)}^{n - x} [/tex]
In this formula, n is the number of trials, p is probability of success and x is number of successes.
Keep the values in formula for calculation -
P(0) = (5 choose 0) * 0.256^0 * (1-0.256)^(5-0)
P(0) = 0.326
P(1) = (5 choose 1) * 0.256^1 * (1-0.256)^(5-1)
P(1) = 0.410
P(2) = (5 choose 2) * 0.256^2 * (1-0.256)^(5-2)
P(2) = 0.219
P(3) = (5 choose 3) * 0.256^3 * (1-0.256)^(5-3)
P(3) = 0.062
P(4) = (5 choose 4) * 0.256^4 * (1-0.256)^(5-4)
P(4) = 0.011
P(5) = (5 choose 5) * 0.256^5 * (1-0.256)^(5-5)
P(5) = 0.001
d. For the probability histogram stating the distribution of x, the x-axis will have x values and y-axis will have the probability of each x value. The mean of distribution will be calculated by the formula -
mean = n × p
mean = 5 × 0.256
mean = 1.28
Further, the standard deviation will be calculated by the formula -
Standard Deviation = [tex] \sqrt{n × p × (1-p)} [/tex]
Keep the values in formula -
Standard Deviation = [tex] \sqrt{5 × 0.256 × (1-0.256)} [/tex]
Standard Deviation = 0.995
Learn more about probability -
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