Answer:
The binomial mean, or the expected number of successes in n trials, is E(X) = np. The standard deviation is Sqrt(npq), where q = 1-p. The standard deviation is a measure of spread and it increases with n and decreases as p approaches 0 or 1.
Step-by-step explanation:
The common denominator would be 1!
The stock worth now, to the nearest cent, is $58.14.
<h3>How to find the current worth of stock?</h3>
The current worth of stock = initial price of stock+increase in the price of stocks
If you bought stock last year for a price of $66, and it has gone down 13.9% since then,
Let X be the worth of stock;
66 × 100 = (13.5% + 100%) × X
6600 = 113.5X
X = 6600/113.5
X = 58.14458
X = $58.14
Hence, The stock worth now, to the nearest cent is $58.14.
Learn more about the stock;
brainly.com/question/16553868
#SPJ1
