Find and interpret the standard deviation of event

Reference no: EM131764142

Question: According to Mars, Incorporated, 20% of its plain M&M'S candies are orange. Assume that the company's claim is true. Suppose that you reach into a large bag of plain M&M'S (without looking) and pull out 8 candies. Let X = the number of orange candies you get.
Orange M&M'S

(a) Explain why it is reasonable to use the binomial distribution for probability calculations involving X.

(b) Find and interpret the expected value of X.

Reference no: EM131764142

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