Hey guys, I need help with these questions on binomial probability (in 10J of cambridge 3u book)
Q1 - The probability that a jackpot will be won in a given lottery is 0.012. The jackpot prize is initially $10,000 and increases by $10,000 each time the prize is note won. Find, correct to 5dp, the probability that the jackpot prize will exceed $200,000 when it is finally won.
Q2 - How many times must a die be rolled so that the probability of rolling at least one six is greater than 95%?
Q1 - The probability that a jackpot will be won in a given lottery is 0.012. The jackpot prize is initially $10,000 and increases by $10,000 each time the prize is note won. Find, correct to 5dp, the probability that the jackpot prize will exceed $200,000 when it is finally won.
Q2 - How many times must a die be rolled so that the probability of rolling at least one six is greater than 95%?
