probability

probability

  1. Create a simple simulation that models the toss of a fair coin. Record the results (%Heads/%Tails). Use sample sizes of 5, 10, 30, and 100.

Note

Use the RAND() function.

  1. The arrival of email at your home email address can be categorized as family, junk, and friends. Each has an arrival rate: family—5/day; junk—4/day; friends—3/day. Create a simulation that provides you with a profile of total, daily email arrival. What is the probability that you will receive 0 emails, 3 emails or less, 15 or more emails, and between 5 and 15 emails?

Note

Use the Poisson() function and replicate it for 100 days.

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