Question: Consider the scenario where 10 chips are randomly selected from a bag with replacement. Chips are worth either -1 bonus point, +1 bonus point, or
Consider the scenario where 10 chips are randomly selected from a bag with replacement. Chips are worth either -1 bonus point, +1 bonus point, or +3 bonus points. The probability of choosing a chip worth -1 bonus point is 0.6, the probability of choosing a chip worth +1 bonus point is 0.3, and the probability of choosing a chip worth +3 bonus points is 0.1. Is the number of bonus points for 10 chips selected with replacement a Binomial random variable
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