Homework 2 1. A multiple-choice test has 6 questions. There are 4 choices for each question. A student who has not studied for the test decides to answer all questions randomly with a Probability of success = p =.25. Let X represent the number of correct answers out of six questions. Use binomial distribution to complete the table Find the probability that the student will be successful in at least 4 questions. Find the probability that the student will be successful in at most 3 problems Compute the mean µ and the standard deviation s for the above problem. XP(x) 2. A bank recorded the number of ATM transactions made by its customers in one day. The number x of daily ATM transactions per customer can be approximated by the following probability distribution. xP(x)0.221.282.203.124.095.076.02 Find (i) P(X=4) P(2 <>
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