Binomial and normal distributions

Reference no: EM1393837

1) Yesterday the proportion of all stocks that had gains was 0.74. You own 10 stocks. What is the probability that more than 7 of your stocks had gains?

2) Clyde hits 70% of his free throws in basketball. Determine the probability that Clyde makes 8 out of 14 free throws.

3) The random number generator on calculators randomly generates a number between 0 and 1. The random variable X, the number generated, follows a Uniform Probability Distribution. What is the probability of generating a number between 0 and 0.2?

Reference no: EM1393837

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