A)
Let c be the number of right guesses.
the probability of c answers =.25 and probability of the wrong answer is 1-.25=.75
c distribution is in the parameter of (20, .25).
b) mean = 20 * .25== 5
c) p of c guess =.25 ^20 =9.095* 10 ^-13
d) p of 10 c guess =.014 or 1.4% it is not possible for him to have 10 right guess.
Your slope is -2 over -6 which is -1/-3
The answer is 3 because their are only 3 ribbons
If A is the buying value & B the selling value, then the increase =
Increase = (B-A)/A = (1.15 - 0.87)/0.87 = 0.3218 or 31.18%