Answer Happy

A certain brand of bottled sports drink has placed a cash prize under the cap of 1 out of every 6 bottles. You buy a case of 24 bottles. Define the random variable X as the number of bottles with cash prizes in a case of 24 bottles of this sports drink. Assuming this case can be considered a random sample of all bottles of this brand of sports drink, answer the following questions. 14) Determine the value of Mx, the mean, or expected value, of X. 15) Determine the value of ox, the standard deviation of X. Round to four decimal places. 16) Calculate P(X = 6). Round to four decimal places. = 17) Calculate P(X = 3). Round to four decimal places. 18) Calculate P(X < 3). Round to four decimal places. 19) Calculate P(X > 6). Round to four decimal places. 20) Calculate P(X > 6). Round to four decimal places.