Suppose that a lottery ticket has probability p of being a


Question: Suppose that a lottery ticket has probability p of being a winning ticket, independently of other tickets. A gambler buys 3 tickets, hoping this will triple the chance of having at least one winning ticket.

(a) What is the distribution of how many of the 3 tickets are winning tickets?

(b) Show that the probability that at least 1 of the 3 tickets is winning is 3p - 3p2 + p3, in two different ways: by using inclusion-exclusion, and by taking the complement of the desired event and then using the PMF of a certain named distribution.

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Suppose that a lottery ticket has probability p of being a
Reference No:- TGS02607846

Now Priced at $15 (50% Discount)

Recommended (94%)

Rated (4.6/5)