Homework Help: statistics

Posted by leshonda on Friday, March 25, 2011 at 2:38pm.

you and 50 coworkers decide to play a game that consists of flipping a coin once for each coworker. If the flip coin for the particular coworker results in a head, you have to pay them $1. If it results in tail, neither party has to pay anything. Given the information provided above, and assuming that the coin you are using is a far coin (i.e. the probability of getting a head or a is equal to 0.5) use Microsoft excel, as your graphing calculator, or the binomial probability formula to calculate the probibilities of the following events. Event A: The probability that you will have to oay out exactly $20. (In other words, the probability that 20 of the flips of the coin will result in heads.) Event B: The probability that you will not have to pay anyone anything. (In other words, the probability that none of the flips of the coin will result in heads.

statistics - Anonymous, Monday, March 28, 2011 at 6:03pm
the probability is 0

Answer this Question

Related Questions

DIsct MAth - 1. Consider the "coin flipping game", and let X record ...
Statistics - An Experiment consists of flipping a fair coin once and rolling a ...
statistics/probability - A game consists of tossing two coins, first a dime and ...
math (statistics) - an experiment consistbnof tossing a die and then flipping a ...
Probability - What is the probability of flipping a coin two times and getting ...
math - A game is played by flipping three coins. If all three coins lands heads ...
Math - A man comes up to play a game. you flip a coin, if heads you win $1 and ...
physics - If you are in a smooth riding bus that is going 50 km/hr and you flip ...
MATH - 24 1c coins are set out in a row on a table. Then every 2nd coin is ...
Probability - You and a friend play the following game: You pay your friend $3 ...

For Further Reading

First Name:
School Subject:
Answer: