Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. according to a daily? newspaper, the probability i

According to a daily? newspaper, the probability is about 0.74 that the favorite in a horse...

90.2K

Verified Solution

Question

Basic Math

According to a daily? newspaper, the probability is about 0.74that the favorite in a horse race will finish in the money? (first,second, or third? place). Complete parts? (a) through? (j)below.

a. In the next five ?races, what is the probability that thefavorite finishes in the money exactly? twice? The probability thatthe favorite finishes in the money exactly twice is 0.096.

b. In the next five ?races, what is the probability that thefavorite finishes in the money exactly four? times? The probabilitythat the favorite finishes in the money exactly four times is0.390.

c. In the next five ?races, what is the probability that thefavorite finishes in the money at least four? times? Theprobability that the favorite finishes in the money at least fourtimes is 0.611.

d. In the next five ?races, what is the probability that thefavorite finishes in the money between two and four ?times,inclusive?

The probability that the favorite finishes in the money betweentwo and four ?times, inclusive, is ____.

?(Round to three decimal places as? needed.)

Answer & Explanation Solved by verified expert
3.7 Ratings (602 Votes)
a Here n 5 p 074 1 p 026 and x 2 As per binomial distribution formula PX x nCx px 1 pn x We need to calculate PX 2    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

A jet ski depreciates 11 each year If the jet ski was 8 000 at...

Physics
1.2K views

The switch S is closed at t 0 Just after closing the switch reading of...

Calculus
1.2K views

Plot the ordered pair 7 6 on the rectangular coordinate plane Plot 7 6 a...

Calculus
1.2K views

Two poles are connected by a wire that is also connected to the ground The...

Accounting
1.2K views

Exercise 14-10 On January 1, 2017, Sheffield Company sold 11% bonds having a maturity value...

Accounting
1.2K views

At the end of 2021, Skysong, Inc. has accounts receivable of $775,800 and an allowance...

Accounting
1.2K views

the answers there are incorrect and it's the an Economic The Jaguar Bank...

Accounting
1.2K views

Distian General Instruction: a. Read each instruction carefully. b. Write your answers clearly. c. Avoid...

Accounting
1.2K views

During 2015, Esther had the following transactions: Esther's AGI is

Accounting
1.2K views

On January 1, 2021, a company has the following balance: Accumulated OCI Net Loss...

Accounting
1.2K views

At Sheridan Electronics, it costs $30 per unit ( $16 variable and $14 fixed) to...

Accounting
1.2K views

Menlo Company distributes a single product. The company's sales and expenses for last month follow:...