Question

The probability of winning a certain lottery is 1/77076 for people who play 908 times find the mean number of wins

Answer 1

The mean is 0.0118 approximately. So option C is correct

Solution:

Given that , The probability of winning a certain lottery is $\frac{1}{77076}$ for people who play 908 times

We have to find the mean number of wins

$\text { The probability of winning a lottery }=\frac{1}{77076}$

Assume that a procedure yields a binomial distribution with a trial repeated n times.

Use the binomial probability formula to find the probability of x successes given the probability p of success on a single trial.

$n=908, \text { probability } \mathrm{p}=\frac{1}{77076}$

$\text { Then, binomial mean }=n \times p$

$\begin{array}{l}{\mu=908 \times \frac{1}{77076}} \\\\ {\mu=\frac{908}{77076}} \\\\ {\mu=0.01178}\end{array}$

Hence, the mean is 0.0118 approximately. So option C is correct.