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Orange M&M鈥橲

a. Find and interpret the expected value of X.

b. Find and interpret the standard deviation of X.

Short Answer

Expert verified
  1. The required Expected value of X,X=1.64candies.
  2. The required Standard deviation of X,x1.418 candies

Step by step solution

01

Part (a) Step 1: Given information

The number of trials, n=8

The probability of success, p=20.5%=0.205

02

Part (a) Step 2:  Calculation

A binomial distribution governs the number of successes among a specified number of independent trials.

Then

The product of sample size (n)and probability (p)determines the expected mean (or value) of a binomial distribution.

=np=80.205=1.64

Thus,

Orange candies make up an average of 1.64 out of the eight sweets chosen at random.

03

Part (b) Step 1: Given information

The Number of trials, n=8

The Probability of success, p=20.5%=0.205

04

Part (b) Step 2:  Calculation

The square root of the product of the sample size nand the probabilities pandq is the standard deviation of a binomial distribution.

=npq=np(1-p)=8(0.205)(1-0.205)=1.30381.1418

Thus,

The amount of orange candies differs by about 1.1418 candies on average from the mean of 1.64 candies among 8 randomly picked sweets.

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