SOLUTION: Find the mean and standard deviation for each binomial random variable:
a. n = 60, π = .65 (Round your mean value to 2 decimal places and standard deviation to 4 decimal place
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Question 1174615: Find the mean and standard deviation for each binomial random variable:
a. n = 60, π = .65 (Round your mean value to 2 decimal places and standard deviation to 4 decimal places.)
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
mean is nπ=39.00
variance is nπ(1-π)=39*0.35=13.65
sd is sqrt(V)=3.6946
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