A stock has a price of $72.31. This is $6.28 less than the price of the stock yesterday. Write and solve an equation to find the
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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.