Inflation causes things to cost more, and for our money to buy less (hence your grandparents saying "In my day, you could buy a
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Complete Question
Find the mean, variance, and standard deviation of the binomial distribution with the given values of n and p. , The mean, , is nothing. (Round to the nearest tenth as needed.)
p = 0.6 n = 18
Answer:
The mean
The standard deviation
The variance
Step-by-step explanation:
From the question we are told that
The probability of success is
The sample size is
Generally given that the distribution is binomial, then the probability of failure is mathematically represented as
substituting values
Generally the mean is mathematically evaluated as
substituting values
The standard deviation is evaluated as
substituting values
The variance is evaluated as
substituting value