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Here is the question please solve correctly thanks Suppose an investor is considering funding 5 different startup projects. Based on her research and past experience,
Here is the question please solve correctly thanks
Suppose an investor is considering funding different startup projects. Based on her research and past experience, she estimates that each project has a chance of being successful ie yielding a significant return on investment The investor has hired you to help her with some calculations. Here are the tasks she gives you during your first week.
a Calculate the probability that exactly out of these projects will be successful.
b Calculate the probability that or fewer projects will be successful.
c Calculate the probability that at least projects will be successful.
d Let be a random variable representing the number of successful projects, graph the PMF of
e Graph the CDF of X
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