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Posted: 5/19/2014 2:32:04 PM EDT
If there is a 30% chance that something will happen, what are the odds that it would happen 36 times in a row?
Link Posted: 5/19/2014 3:22:26 PM EDT
[#1]
Link Posted: 5/19/2014 6:42:38 PM EDT
[#2]
I wasn't sure if I was figuring it right but I basically took .3*.3 and did it 36 times and came up with an crazy small number but sounds like I wasn't too far off base, thanks for a more accurate description.
Link Posted: 5/19/2014 10:30:32 PM EDT
[#3]
Link Posted: 5/21/2014 10:43:26 AM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I wasn't sure if I was figuring it right but I basically took .3*.3 and did it 36 times and came up with an crazy small number but sounds like I wasn't too far off base, thanks for a more accurate description.
View Quote


In this case, that crazy small number makes sense.    In other words, it's a practically impossible occurrence.
Link Posted: 6/27/2014 5:03:42 PM EDT
[#5]
How do you get the mean here? I got 1.91
Then 5.53 for the variance.
Link Posted: 7/3/2014 11:59:19 AM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
How do you get the mean here? I got 1.91
Then 5.53 for the variance. http://i61.tinypic.com/2djqyoh.jpg
View Quote



Using this, I agree with your mean value.  http://www.statisticshowto.com/how-to-find-the-mean-of-the-probability-distribution-or-binomial-distribution/
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