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2. A bag of tokens contains 36 red tokens and 24 blue tokens. If tokens are replaced after each selection, a. Use the binomial probability
2. A bag of tokens contains 36 red tokens and 24 blue tokens. If tokens are replaced after each selection, a. Use the binomial probability formula to find the probability of getting 2 red tokens in five selections. b. What is the distribution of probabilities for 5 selections from the bag? c. What is the mean and standard deviation for this distribution? d. What is the probability of getting at least 3 blue tokens in 5 selections?
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