Time: 20 minutes. This quiz is open book, open notes.
1. Explicitly describe the tickets in a box representing a Binom(2, 1/3) variable. (This is a binomial variable representing two trials and a success probability of 1/3.) Use the least possible number of tickets.
2. Provide an Excel expression that will simulate a single draw from a box containing exactly four tickets with the values 1, 2, 3, and 4.
Scoring: The passing score is 90.
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