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Long-term history has shown that 65% of all elected offices in a rural county have been won by Republican candidates. This year there are 5 offices up for public election in the county Let r be the number of public offices won by Republicans.
a) Find P(r) for r = 0, 1, 2, 3, 4, and 5
b) Make a histogram for the r probability distribution.
c) What is the expected number of Republicans who will win office in the coming election?
d) What is the standard deviation of r?
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The measure of forecast accuracy that is not influenced by the measurement scale of the time series data is:
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