Consider 3 trials, each having the same probability of successes. Let X denote the total number of successes in these trials.
If E(X) = 1.8, determine:
Athe largest possible value of P{X=3}?
Bthe smallest possible value of P{X=3}?
In both cases, construct a probability scenario that results in P{X=3} having the stated value.
If E(X) = 1.8, determine:
Athe largest possible value of P{X=3}?
Bthe smallest possible value of P{X=3}?