Consider the following scenario There are 10 days to the Ele

Consider the following scenario.

There are 10 days to the Election Day. Your candidate is currently behind by 2,000 votes. Assume the population of potential voters is so large that the votes your candidate

Solution

Additional 1000 votes per day prob =60% = 0.6

1) x- no of 1000 votes got

c. The number of voting blocs won by your candidate.

2) minimum value =0

3)max value = 10

4) 0,1,2,3,4...,10

5) 2000

6) Prob = 0.60

7) Expected value = np = 0.60x10 = 600

8) 0.6x0.6 = 0.36

9) 2000

10)  0.4x0.4=0.16

11) your candidate as prob per day is more 0.60

12) a. Stay in the race.

13) 0.40