Refer to Exercise 4.138. Access the Flipping Weighted Coins applet. The experiment consists of tossing three coins

Question:

Refer to Exercise 4.138. Access the Flipping Weighted Coins applet. The experiment consists of tossing three coins that are not fair, and recording x, the number of heads.

a. Perform a simulation of the experiment using the Flipping Weighted Coins applet. Is the distribution symmetric or skewed? Which is more likely, heads or tails?

b. Suppose that we do not know the probability of getting a head, P(H). Write a formula for calculating the probability of no heads in three tosses.

c. Use the approximate probability P(x = 0) from your simulation and the results of part b to approximate the value of P(T). What is the probability of getting a head?

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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