PLAYING_LOTTERY_work_in_progress

You play 5 times task construct probability

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Unformatted text preview: NCE YOU WIN. YOU PLAY 5 TIMES. TASK: CONSTRUCT PROBABILITY DISTRIBUTION FOR THE NUMBER OF TIMES YOU WIN. n = 5 (how many times you play lottery) two possible outcomes for each trial: win or lose p = 10% (probability of winning), q = 90% probability of losing X = 0, 1, 2, 3, 4, 5 (number of times we could win playing 5 times) X P(X) Explanation: 0 0.59049 1 0.32805 2 0.07290 3 0.0081 4 0.00045 5 0.00001 Binomial Probability Notation: And by definition: X 0 1 2 3 4 5 P(X) 0.59049 0.32805 0.07290 P(X=2)=binompdf(n,p,x) P(X<=2)=binomcdf(n,p,x) 0.0081 0.00045 0.00001...
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