Reference no: EM132845316
What is all about a Binomial Experiment? Discuss the four requirements.
Use this example to discuss binomial experiment.
[A statistics quiz has 10 multiple choice questions and each question has four possible choices and there is one appropriate answer for each question. You are guessing the correct answer for each question for (each trial). Guessing correctly is Success and guessing incorrectly is Failure]
a. Is this a binomial experiment(check and discuss the four requirements)
b. What is the probability of success? What is the probability of failure?
b. What is probability of guessing exactly six correct answers(use algebra )
c. What is probability of guessing at least one correct answer(use the complement rule, algebra)
d. What is probability of guessing at most one correct answers(use algebra )
e. What is the expected value(mean) of guessing correct answers? What is the standard deviation of guessing correct answers? what is the logic behind this expected value?
f. If I guess nine correctly, is this significantly high/unusually high value? Why?
g. If I guess one correctly, is this significantly low/unusually low value? Why?