You are bidding on six items available on an online shopping site. You think that for each bid you have a 35% chance of winning it, and the outcomes of the six bids are independent events. Let X denote the number of winning bids out of the six items you bid on. Find the probabilities. a. Explain why the distribution of X can be modeled by the binomial distribution. b. Find the probability that you win exactly 4 bids. c. Find the probability that you win 4 bids or fewer. d. Find the probability that you win more than 4 bids. a. Explain why the distribution of X can be modeled by the binomial distribution. A. The number of bids varies. B. Probabilities of success for trials (bids) differ for each trial. C. The trials are independent. D. The trials are dependent. E. There are a fixed number of bids. The data are binary. G. The data are not binary. H. There is the same probability of success for each trial (bid). F b. The probability of winning exactly 4 bids is (Round to four decimal places as needed.) BELLES

You are bidding on six items available on an online shopping site. You think that for each bid you have a 35% chance of winning it, and the outcomes of the six bids are independent events. Let X denote the number of winning bids out of the six items you bid on. Find the probabilities. a. Explain why the distribution of X can be modeled by the binomial distribution. b. Find the probability that you win exactly 4 bids. c. Find the probability that you win 4 bids or fewer. d. Find the probability that you win more than 4 bids. a. Explain why the distribution of X can be modeled by the binomial distribution. A. The number of bids varies. B. Probabilities of success for trials (bids) differ for each trial. C. The trials are independent. D. The trials are dependent. E. There are a fixed number of bids. The data are binary. G. The data are not binary. H. There is the same probability of success for each trial (bid). F b. The probability of winning exactly 4 bids is (Round to four decimal places as needed.) BELLES

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...

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