On the walk to school each day, a student looks for pennies on the ground. Out of 24 days, the student found a penny on 5 of the days. Based on this data, determine the probability that the student will find a penny tomorrow.
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Answer:
0.2083
Step-by-step explanation:
This is a scenario with only two outcomes, finding a penny (success) and not finding a penny (failure).
The probability of finding a penny ,p,is computed as the number of days the student found a penny divided by total number of days under consideration. ie.
Let X be the number of days on which a penny was found, then random variable X follows a bernoulli distribution with p=0.2083
Probability of success is P(X=1);
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