probability practice work
6. Parts produced by a certain company have a probability of 1/20 of being defective. A group of 10 of these parts are inspected.
(a) Find the probability that four of the parts are defective
(b) Find the probability that at least one of the parts is defective.
c) Find the probability that all the parts are defective.
(d) find the probability at most one of the parts are defective.
(e).Find the mean(expected) number of defective parts for the sample and the standard deviation.
probability practice work
7. 2000 raffle tickets are sold for $4 apiece. There is one $500 prize, two $250 prizes and four $100 prizes.
(a) Find the expected value of a person buying one ticket.
(b) If a person buys 10 tickets what is the probability that they win at least one of the prizes? (to answer this question approximate this as a binomial distribution where p is the probability of getting a winning ticket)