A bidding strategy assumes that five successes are necessary in ten bids. Use the negative binomial distribution
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A bidding strategy assumes that five successes are necessary in ten bids. Use the negative binomial distribution to compute the probability of having a 5th success on the 10th trial for a success probability in a trial (p) of 0.2.
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Related Book For
Probability Statistics And Reliability For Engineers And Scientists
ISBN: 9781439809518
3rd Edition
Authors: Bilal M. Ayyub, Richard H. McCuen
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