You are bidding on six items available on an online shopping site. You think that for each bid you have a 30% chance of winning it, and the outcomes of the six bids are independent events. Let X...


You are bidding on six items available on an online shopping site. You think that for each bid you have a 30% chance of winning it, and the outcomes of the six bids are<br>independent events. Let X denote the number of winning bids out of the six items you bid on. Find the probabilities.<br>a Find the probability that you win exactly 4 bids.<br>b.Find the probability that vou win 4 bids or fewer.<br>c. Find the probability that you win more than 4 bids.<br>The probability of winning exactly 4 bids is<br>(Round to four decimal places as needed.)<br>

Extracted text: You are bidding on six items available on an online shopping site. You think that for each bid you have a 30% chance of winning it, and the outcomes of the six bids are independent events. Let X denote the number of winning bids out of the six items you bid on. Find the probabilities. a Find the probability that you win exactly 4 bids. b.Find the probability that vou win 4 bids or fewer. c. Find the probability that you win more than 4 bids. The probability of winning exactly 4 bids is (Round to four decimal places as needed.)

Jun 03, 2022
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