Choosing a letter from a specific word

Assignment Help Basic Statistics

Reference no: EM1395928

A letter is drawn 1,000 times, at random, from the word A R AB I A. There are two offers.

(A) You win a dollar if the number of A's among the draws is10 or more above the expected number.

(B) You win a dollar if the number of B's among the drawsis 10 or more above the expected number.

Choose one option and explain.

(i) A gives a better chance of winning than B.

(ii) A and B give the same chance of winning.

(iii) B gives better chance of winning than A.

(iv) There is not enough information to decide.

Reference no: EM1395928

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