Can you do it on the basis of the information already given

Reference no: EM13606110

A box contains ten tickets, four marked with a positive number and six with a negative number. All the numbers are between -10 and 10. One thousand draws will be made at random with replacement from the box. You are asked to estimate the chance that the sum will be (1) positive, (2), chance of getting 100 or more 3's, (3) chance of getting 425 or more positive numbers

For each question:

a. Can you do it on the basis of the information already given?

b. Can you do it if you are also told the average and the standard deviation of the numbers in the box, but are not told the numbers themselves?

Reference no: EM13606110

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