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Information: Random variable Z represents the number of successes observed in 500 repetitions of an experiment that has a probability of success of .4 (i.e.

Information: Random variable Z represents the number of successes observed in 500 repetitions of an experiment that has a probability of success of .4 (i.e. the chance of success is 40% for each of the 500 independent experiments). Using this information, determine the following values for the next 5 questions:

P(Z = 240), in other words, the probability that there were EXACTLY 240 successes in the 500 trials (round your answer to 2 decimal places):

Select one:

a. .00

b. .01

c. .03

d. .13

e. .53

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