Solution of problem N4716 probability theory
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Product description
- Each lottery ticket with probability p1=0.05 may get a big win, with probability p2=0.15 a small win, and with probability p3=0.8 the ticket may end up without a win. Bought n=14 tickets. Determine the probability of getting n1=1 big wins and n2=1 small ones.
Additional information
Detailed solution. Decorated in Microsoft Word 2003 (Quest decided to use the formula editor)