Skittles candies come in the colors red, orange, yellow, green, and purple, with each of these colors
Question:
a. Explain in words what X is in terms of the story. What values can it take?
b. Why is this a Negative Binomial distribution situation? What are the parameters?
c. What is the probability that you will need to check exactly 20 candies to find the 3rd rainbow one?
d. What is the probability that you will have to check fewer than 6 candies to find the 3rd rainbow one?
e. What is the probability you will have to check more than 6 candies to find the 3rd rainbow one?
f. What is the expected number of candies you will have to check to find the 3rd rainbow one?
g. What is the standard deviation of the number of candies you will have to check to find your 3rd rainbow one? 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...
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Related Book For
Introduction to Probability
ISBN: 978-0716771098
1st edition
Authors: Mark Daniel Ward, Ellen Gundlach
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