Q] If the probability of getting something is 0.4, then what would be the probability of getting the same thing 4 times (assume probability of all trials remains the same) ?
Now,
i] Is this type of question to be solved using Binomial Distribution ?
ii] If yes, what would be the formula to calculate the above probability ?
iii] What would be the mean, variance and std. Deviation ? PLease also mention the formula you have used.