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You are bidding on six items available on an online shopping site You think that for each bid you have a 35% chance of winning
You are bidding on six items available on an online shopping site You think that for each bid you have a 35% chance of winning it, and the outcomes of the six bids bat are independent events, Let X denote the number of winning bids out of the six items you bid on Find the probabilities bal a. Explain why the distribution of X can be modeled by the binomial distribution "b. Find the probability that you win exactly 4 bids C. Find the probability that you win 4 bids or fewer ns d. Find the probability that you win more than 4 bids ans EV A. The trials are independent B. The number of bids varies C. There is the same probability of success for each trial (bid) Y D. The trials are dependent V E. There are a fixed number of bids OF. The data are not binary G. Probabilities of success for trials (bids) differ for each trial LY H, The data are binary b. The probability of winning exactly & bids is _0951 (Round to four decimal places as needed ) c. The probability of winning 4 bids or tower is
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