Question: Expected Value with Binomial Probability Main Assignment Complete this assignment and use it to complete the daily check associated with the lesson. You flip

Expected Value with Binomial Probability Main Assignment Complete this assignment and use it to complete the daily check associated with the lesson. You flip a coin 5 times and count the number of times your coin lands on heads. Round all decimals to 3 places. 1. Calculate and graph the random variable's probability distribution. 2. Using your probability distribution or histogram from #1, what is the probability of flipping heads exactly 3 times? 4. What is the probability of flipping between 2 and 5 heads (inclusive)? 3. Is it more likely to flip 0 heads or 4 heads? Why? 5. Find the expected value of this scenario and interpret your answer in the context of the problem.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
