1. A carnival game offers a $100 cash prize for a game where the player tries to toss a ring onto one of many pegs. Alex will play the ring toss game five times, with an 8% chance of making any given throw.
2. What is the probability that Alex tosses one of the five rings onto a peg?
3. What is the probability that Alex tosses more than one of the five rings onto a peg?
4. If Alex tossed five rings again and again, how many rings would land on a peg on average, that is, what's the mean number of successes he can expect?