50. There are three coins in a barrel. These coins, when flipped, will come up heads with...
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50. There are three coins in a barrel. These coins, when flipped, will come up heads with respective probabilities 0.3, 0.5, 0.7. A coin is randomly selected from among these three and is then flipped ten times. Let N be the number of heads obtained on the ten flips.
(a) Find P{N = 0}.
(b) Find P{N = n}, n = 0, 1, . . . , 10.
(c) Does N have a binomial distribution?
(d) If you win $1 each time a head appears and you lose $1 each time a tail appears, is this a fair game? Explain.
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