SOLUTION: A binomial distribution has a mean = 20 and a variance = 16. Find p.

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Question 966332: A binomial distribution has a mean = 20 and a variance = 16. Find p.
Answer by amarjeeth123(570) About Me  (Show Source):
You can put this solution on YOUR website!
For a binomial distribution mean=np=20
Variance=npq=16
q=1-p
q=1-p=16/20
1-p=4/5
p=1/5=0.20