What is the probability distribution for number of successes

Assignment Help Finance Basics
Reference no: EM131426733

A binomial process has a probability of success of 0.15. If eight trials are run, what are the mean number of successes and the standard deviation? What is the probability distribution for the number of successes?

Reference no: EM131426733

Questions Cloud

Probability that three of five take 2 minute 20 secs to ride : Suppose that five escalator riders are selected at random. What is the probability that three of the five take at least 2 minutes and 20 seconds to ride the escalator?
How many different schedules are there for eight customers : In how many different ways can he select the eight? As the salesman has to travel between customers, the order in which his visits are scheduled is important. How many different schedules are there for eight customers?
Discuss the biological and psychological and social factors : Provide a brief overview of your selected case.Discuss the biological, psychological, and social factors involved in your selected case.Use your selected case study to explain which interventions would be appropriate in the field of clinical psycho..
Probability that a randomly selected well is too expensive : If the proportion of water is greater than 0.20, then the well is too expensive to operate and maintain. What is the probability that a randomly selected well is too expensive?
What is the probability distribution for number of successes : A binomial process has a probability of success of 0.15. If eight trials are run, what are the mean number of successes and the standard deviation? What is the probability distribution for the number of successes?
What are the expected annual demand and the total revenue : Calculate the mathematical equation for the total revenue (TR), which is the annual demand multiplied by the unit price. What are the expected annual demand and the total revenue according to your recommended price?
What is the probability that at least 800 drive european car : In a town, 60% of families are known to drive European cars. In a sample of 10 families, what is the probability that at least 8 drive European cars? In a sample of 1,000 families, what is the probability that at least 800 drive European cars?
What is the probability distribution for number of dry wells : what is the probability that all 12 are producer wells? What is the probability that all 12 are dry wells? What is the probability distribution for the number of dry wells?
Probability that a new car loan is for at most 48 months : If the length of the loan and the amount borrowed are independent, what is the probability that the loan will be for more than $27,000 and for less than 60 months?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd