Maria is purchasing a car whose MSRP is $22,450. She has asked for an upgrade to a premium package for which the cost is $4000.
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Tossing a coin is a binomial experiment.
Now lets say there are 'n' repeated trials to get heads. Each of the trials can result in either a head or a tail.
All of these trials are independent since the result of one trial does not affect the result of the next trial.
Now, for 'n' repeated trials the total number of successes is given by
where 'r' denotes the number of successful results.
In our case and
,
Substituting the values we get,
Therefore, there are 1352078 ways to get heads if a person tosses a coin 23 times.