You are looking for the probability to draw 3 aces in 5 attempts from a deck of cards. There are 52 cards in the deck and 4 of them are aces. Explain why the poisson is not a good choice for describing this data-generating process. Which distribution would you use instead? No calculations necessary.

You are looking for the probability to draw 3 aces in 5 attempts from a deck of cards. There are 52 cards in the deck and 4 of them are aces. Explain why the poisson is not a good choice for describing this data-generating process. Which distribution would you use instead? No calculations necessary.

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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