SOLUTION: 7) Suppose 5.2% of students enrolled in a local college do not graduate on time. Find the mean and standard deviation of 3500 students who do not graduate on time.

Question 757344: 7) Suppose 5.2% of students enrolled in a local college do not graduate on time. Find the mean and standard deviation of 3500 students who do not graduate on time.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Suppose 5.2% of students enrolled in a local college do not graduate on time. Find the mean and standard deviation of 3500 students who do not graduate on time.
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Binomial Problems:
mean = np = 3500*0.052 = 182
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std = sqrt(npq) = sqrt[182*0.948] = 13.14
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Cheers,
Stan H.
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