Increase £500 by 3.2% how do you work it out
1 answer:
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Answer: d. np(1 - p).
Step-by-step explanation:
Let x be any binomial variable which represents the number of success such that , where n is the sample size or the total number of trials and p is the probability of getting success in each trial .
Then, the mean E(x) and the variance Var(x) for the binomial distribution is given by equation :
where n is the sample size or the total number of trials and p is the probability of getting success in each trial .
Therefore , the correct option is option d. np(1 - p) .