Question: A slot machine at a hotel casino is programmed so that there is a 0.38 probability of winning the jackpot on any individual trial. If
A slot machine at a hotel casino is programmed so that there is a 0.38 probability of winning the jackpot on any individual trial. If a guest plays the slot machine 10 times, find the probability of exactly 5 jackpots.
Don't forget to identify the values of n, x, p, and q before computing. If your rate is given as a percent, remember to write it as a decimal first. Use the binomial probability formula and write your answer as a decimal rounded to four places.
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