SOLUTION: what is the mean, variance, and standard deviation in a binomial distribution using n=60 and p=0.8?

SOLUTION: what is the mean, variance, and standard deviation in a binomial distribution using n=60 and p=0.8?

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Question 333769: what is the mean, variance, and standard deviation in a binomial distribution using n=60 and p=0.8?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
what is the mean, variance, and standard deviation in a binomial distribution using n=60 and p=0.8?
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mean = np = 60*0.8 = 48
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variance = npq = 48*0.2 = 9.6
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std = sqrt(npq) = sqrt(9.6) = 3.0984
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Cheers,
Stan H.
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