SOLUTION: On the price is right, there is a display of 5 products with prices associated with each. For each product, the player has to guess whether or not the price is too high or too lo

Question 878800: On the price is right, there is a display of 5 products with prices associated with each. For each product, the player has to guess whether or not the price is too high or too low. Assuming that Jenny knows nothing about the prices of the products displayed (that is, there is an equal probability of the price being too high or too low), what is the probability that she gets all 5 guesses correct?

Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
p(correct guess) = .5, n = 5
P(x=5)= .5^5
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