Let X be a binomial random variable with parameters n = 14 and p = 20%. Compute the following probabilities. (a) P(X= 6 or X = 13) = (b) P(X ≤ 11) = (c) P(X2 10) =
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- If a game gives payoffs of $10 and $100 with probabilities 0.9 and 0.1, respectively, then the expected value of this game is E=0.9+0.1= .If a binomial experiment has probability p success, then the probability of failure is ____________________. The probability of getting exactly r successes in n trials of this experiment is C(_________, _________)p (1p)