86.1in 6wins As a special promotion for its 20-ounce bottles of soda, a soft drink company printed a message on the inside of each cap. Some of the caps said, “Please try again,” while others said, “You’re a winner!” The company advertised the promotion with the slogan “1in6wins a prize.” Suppose the company is telling the truth and that every 20-ounce
bottle of soda it fills has a1-in-6chance of being a winner. Seven friends each buy one 20-ounce bottle of the soda at a local convenience store. Let X= the number who win a prize.
(a) Explain why X is a binomial random variable.
(b) Find the mean and standard deviation of X. Interpret each value in context.

(c) The store clerk is surprised when three of the friends win a prize. Is this group of friends just lucky, or is the company’s 1-in-6 claim inaccurate? Compute P(X3) and use the result to justify your answer.

Short Answer

Expert verified

(a) The variable X is a binomial random variable.

(b) The mean and standard deviation of Xare1.167and 0.9860.

(c) P(X3)0.0958=9.58%, the probability is more than 5%, the result is not surprising.

Step by step solution

01

Part (a) Step 1: Given information 

Seven friends each buy one 20-ounce bottle of the soda at a local convenience store. Let X=the number who win a prize.

02

Part (a) Step 2: Explanation 

Probability of success (p)=16
Number of events (n)=7
The random variable Xbeing binomial random variable:

  • There are two types of accomplishments: successes and failures.
  • Candies are unrelated to one another.
  • There is a set number of buddies available.
  • In addition, the chance of success is fixed.

Because all of the requirements for a binomial distribution have been established.

03

Part (b) Step 1: Given information

The mean and standard deviation of X to interpret the value in context.

04

Part (b) Step 2: Explanation 

The mean and standard deviation is:
μ=np=7(16)=1.167
σ=np(1-p)=716116=0.9860

05

Part (c) Step 1: Given information 

The company’s 1-in-6 claim inaccurate. Compute the value for P(X3).

06

Part (c) Step 2: Explanation 

Determine the value ofP(X3) by:
P(X3)=1-P(X<3)=177Cr×16r×1167r=0.0958=9.58%

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