Reference no: EM132581465
1. Create Binomial Probability Experiment. Recall that this means the experiment must have n independent success/failure trials with the probability of success (p) and failure (q) the same each time .
* IMPORTANT: Make sure choose a scenario where n*p and n*q are BOTH at least 10. Just adjust number of trials high enough so that this happens.
a. Describe the scenario here. Define a Binomial Random Variable X.
Make sure clearly define what a success is, and what n, p , and q are for your scenario.
b.Illustrate the scenario, either by a photo, original art, clip art , or any other illustration .
c. Use Statcrunch to find the probability that at least 1/3 of your trials result in a success if your value of p is less than or equal to .5.
Use Statcrunch to find the probability that at least 2/3 of your trials result in a success if your value of p is greater than .5 .
For example , if n= 100 and p = .6 , you would find P(X>= 67 ) . Round up if
n *1/3 or n * 2/3 is not a whole number.
d. Compute the mean and standard deviation for scenario by hand using formulas np and sqrt( npq),