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    Leah Nawoo Kim
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    1. The document discusses probability distributions including the binomial distribution and uses examples of calculating probabilities of outcomes when trials have a constant probability of success. 2. It provides the formula to calculate the probability of a certain number of successes in a fixed number of trials when the probability of success on each trial is constant but the trials are independent. 3. As an example, it calculates the probability of getting 2 defective light bulbs out of 6, when the probability of a bulb being defective is 0.05.

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    1월 19일 준영 보드

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    1. The document discusses probability distributions including the binomial distribution and uses examples of calculating probabilities of outcomes when trials have a constant probability of success. 2. It provides the formula to calculate the probability of a certain number of successes in a fixed number of trials when the probability of success on each trial is constant but the trials are independent. 3. As an example, it calculates the probability of getting 2 defective light bulbs out of 6, when the probability of a bulb being defective is 0.05.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views5 pages

    Timing: Payout

    Uploaded by

    Leah Nawoo Kim
    1. The document discusses probability distributions including the binomial distribution and uses examples of calculating probabilities of outcomes when trials have a constant probability of success. 2. It provides the formula to calculate the probability of a certain number of successes in a fixed number of trials when the probability of success on each trial is constant but the trials are independent. 3. As an example, it calculates the probability of getting 2 defective light bulbs out of 6, when the probability of a bulb being defective is 0.05.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    179.

    1-48 ④ PG -749 ⑦

    f-
    payout ✗ =

    payoff timing .

    Stolen loss

    ¥¥"
    P( ✗ =x )
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    =L (X ) = $20000 ✗ 0.0025 + $8000 ✗ 0,03

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    1.
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    a) P( ✗ = 2) = 0.0305
    e-

    b) PLX > 1) = 0.265

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