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A large fast-food restaurant is having a promotional game where game pieces can be found on various products. Customers can win food or cash
A large fast-food restaurant is having a promotional game where game pieces can be found on various products. Customers can win food or cash prizes. According to the company, the probability of winning a prize (large or small) with any eligible purchase is 0.154. Consider your next 26 purchases that produce a game piece. Calculate the following: This is a binomial distribution. Round your answers to 4 decimal places. a) What is the probability that you win 4 prizes? b) What is the probability that you win more than 7 prizes? c) What is the probability that you win between 3 and 5 (inclusive) prizes? d) What is the probability that you win 1 prizes or fewer?
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