SOLUTION: 78​% of workers know what their CEO looks like. You randomly select six workers and ask each if they know what their CEO looks like. Find the standard deviation of the binomial d

Algebra ->  Probability-and-statistics -> SOLUTION: 78​% of workers know what their CEO looks like. You randomly select six workers and ask each if they know what their CEO looks like. Find the standard deviation of the binomial d      Log On


   

Question 1201091: 78​% of workers know what their CEO looks like. You randomly select six workers and ask each if they know what their CEO looks like. Find the standard deviation of the binomial distribution. ​(Round to the nearest two decimals as​ n
eeded.)
Answer by ikleyn(52832) About Me  (Show Source):
You can put this solution on YOUR website!
.

Standard deviation of the binomial distribution is

    SD = sqrt%28n%2Ap%2A%281-p%29%29 = sqrt%286%2A0.78%2A%281-0.78%29%29 = 1.014692072...


Round as you need.

Solved.