Find the Probability of Obtaining Exactly Six Heads in Ten $10 !\left(\frac{1}{2}\right)^{10}$

question 57

Multiple Choice

Find the probability of obtaining exactly six heads in ten tosses of a fair coin.

• A) \(10 !\left(\frac{1}{2}\right)^{10}\)
• B) \(\left(\frac{1}{2}\right)^{6}\)
• C) \(151,200\left(\frac{1}{2}\right)^{10}\)
• D) \(6 !\left(\frac{1}{2}\right)^{6}\)
• E) \(210\left(\frac{1}{2}\right)^{10}\)

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Definitions:

Existing Firms

Companies or businesses that are currently operational and active within a market or industry.

Advertising

A form of marketing communication used to promote or sell something, usually a business's product or service.

Product-Variety Externality

External effects that occur when the introduction of new products benefits consumers more than the producers, typically by increasing the variety of goods available.

Business-Stealing Externality

Business-Stealing Externality occurs when a new entrant in a market captures a portion of the incumbent firm's customers, potentially leading to costs not accounted for in the entrant's decisions.