Refer to given Example. Suppose that the probability of a correct guess each time is .40.
a. Explain how you would simulate this situation.
b. Carry out the simulation, and estimate the probability that a participant will be identified as gifted.
Example
Finding Gifted ESP Participants An ESP test is conducted by randomly selecting one of five video clips and playing it in one building while a participant in another building tries to describe what is playing. Later, the participant is shown the five video clips and is asked to determine which one best matches the description he or she had given.