Question: Assume that we plan to play the Texas Pick 3
Assume that we plan to play the Texas Pick 3 lottery 100 times. For one bet, there is a 1>1000 probability of winning. If we want to use the Poisson distribution as an approximation to the binomial, are the requirements satisfied? If we use the Poisson distribution to find the probability of 101 wins, we get an extremely small positive number, so is it correct to conclude that the probability of 101 wins is possible, but highly unlikely?
Answer to relevant QuestionsVarious sources provide different earthquake data, but assume that for a recent 41-year period in the United States, there were 268 earthquakes measured at 6.0 or higher on the Richter scale (based on U.S. Geological Survey ...Neuroblastoma, a rare form of malignant tumor, occurs in 11 children in a million, so its probability is 0.000011. Four cases of neuroblastoma occurred in Oak Park, Illinois, which had 12,429 children. a. Assuming that ...Find the mean and standard deviation for the random variable x. Use the range rule of thumb to identify the range of usual values for the number of males with tinnitus among four randomly selected males. Is it unusual to get ...Gender Gap In recent years, the discrepancy between incomes of women and men has been shrinking, but it continues to exist. The accompanying graph illustrates the current gap. The graph shows that for every $100 earned by ...Between -1.93 and -0.45. Assume that a randomly selected subject is given a bone density test. Those test scores are normally distributed with a mean of 0 and a standard deviation of 1. In each case, draw a graph and find ...
Post your question