SOLUTION: suppose you play a single number in a roulette 100 times. use the poisson model to estimate th eprobability of winning five or more times.
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Question 612450: suppose you play a single number in a roulette 100 times. use the poisson model to estimate th eprobability of winning five or more times. Answer by solver91311(24713) (Show Source):
Poisson is utterly inappropriate for this question. You want the binomial distribution.
Also, you don't mention whether you are playing with an American or a European wheel.
I'll assume an American wheel and you can adjust the probability of individual success if you want a European wheel. The probability of 5 or more is a very long and complex calculation requiring you to calculate the sum of the probability of exactly 5 plus exactly 6, and so on up through exactly 100 (a very tiny number indeed), but the probability of 5 or more is equal to 1 minus the probability of 4 or less, a much simpler calculation.
You can do your own arithmetic.
Hint: is the number of combinations of things taken at a time and is calculated by
John
My calculator said it, I believe it, that settles it