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In a 1-Pond Bag of Skittles the Possible Colors Were

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In a 1-pond bag of skittles the possible colors were red, green, yellow, orange, and purple. The probability of drawing a particular color from that bag is given below. Is this a probability model Answer Yes or No.  Color  Probability  Red 0.2299 Green 0.1908 Orange 0.2168 Yellow 0.1889 Purple 0.1816\begin{array}{|l|l|}\hline \text { Color } & \text { Probability } \\\hline \text { Red } & 0.2299 \\\hline \text { Green } & 0.1908 \\\hline \text { Orange } & 0.2168 \\\hline \text { Yellow } & 0.1889 \\\hline \text { Purple } & 0.1816 \\\hline\end{array}


Definitions:

Working Prototype

A prototype that has enough features to be used for testing and validation of a product concept.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.

Financial Capital

The monetary resources and assets owned or available to an individual, organization, or country for use in production or investing.

Crowdfunding Model

A method of raising capital through the collective effort of friends, family, customers, and individual investors.

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