Would it be unusual for an data value to be more extreme than 4.76 standard deviations from the mean?  Explain using probability. Would it be unusual for a data value to be more extreme than -1.36 standard deviations from the mean?  Explain using probability. For 9 trials that follow a binomial distribution with the probability of failure at 8%, find the probability of exactly 6 successes. Find and interpret the expected value of a $20 bet on red and $40 bet on black for one spin of the roulette wheel.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 4SE: What is the difference between events and outcomes? Give an example of both using the sample space...
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  1. Would it be unusual for an data value to be more extreme than 4.76 standard deviations from the mean?  Explain using probability.
  2. Would it be unusual for a data value to be more extreme than -1.36 standard deviations from the mean?  Explain using probability.
  3. For 9 trials that follow a binomial distribution with the probability of failure at 8%, find the probability of exactly 6 successes.
  4. Find and interpret the expected value of a $20 bet on red and $40 bet on black for one spin of the roulette wheel.  
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