Let X be the number of heads when a fair coin is flipped four times a Find the distribution of X and then use simulation to generate 1000 values of X b Is the simulated distribution indicative of the given probability distribution Explain why or why not c Calculate the mean and standard deviation o...

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Let X be the number of heads when a fair coin is flipped four times. a. Find

Question:

Let X be the number of heads when a fair coin is flipped four times.
a. Find the of X and then use simulation to generate 1000 values of X.
b. Is the simulated indicative of the given probability Explain why or why not.
c. Calculate the mean and standard deviation of the simulated values. How do they compare to the mean and standard deviation of the given probability Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...