SOLUTION: Find the mean, variance and standard deviation of the binomial distribution with the given values of n and p.
N = 70, P = 0.4
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Question 577039: Find the mean, variance and standard deviation of the binomial distribution with the given values of n and p.
N = 70, P = 0.4
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Mean = np = 70*0.4 = 28
Variance = np(1-p) = 70*0.4*(1-0.4) = 16.8
Standard deviation = sqrt(Variance) = sqrt(16.8) = 4.09878
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