Answer:
clc%clears screen
clear all%clears history
close all%closes all files
p=250;
M=[];
for i=1:100000
re=0;
S=0;
while(S<=1)
S=S+rand;
re=re+100;
end
M(i)=re;
end
disp('Expected received money is');
mean(M)
disp('Since expcted is greater than what we pay. So, we will play')
Step-by-step explanation:
Answer:
1.3559644*10^-^5
Step-by-step explanation:
From the information given we extract the following data
Total Number of Trials (N) = 191
Required Value (x) = 181 (notice it is not 180 since at that value we have enough passengers)
Odds of success (p) = 0.85
Using the binomial formula for calculating probability, i.e.
Inputting the values