Solve the Problem. -What Is the Probability That 15 Flips of a Coin

question 132

Multiple Choice

Solve the problem.
-What is the probability that 15 flips of a coin will show exactly 7 tails?

• A) 0.3928
• B) 0.1964
• C) 0.0393
• D) 0.0982

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Definitions:

Money Income

The total income received by an individual or household in monetary form, including salaries, wages, and benefits.

Utility-maximizing

The approach by which individuals choose among available options to derive the greatest personal benefit or satisfaction.

Price Decreases

A reduction in the cost of goods or services, typically resulting from lower demand, increased supply, or external market factors.

Quantity of X

The amount or number of a product or service X available or demanded in a market.