Asked by Humberto Mendonça on Sep 27, 2024
The variance of a binomial distribution for which n = 50 and p = 0.20 is 8.0.
Variance
A measure of how much values in a data set differ from the mean of the data set.
Binomial Distribution
A probability distribution that summarizes the likelihood of a value taking one of two independent states and is used for experiments that have two possible outcomes (success or failure).
P
Generally denotes probability, representing the likelihood of a particular event or outcome occurring.
- Acquire knowledge on the essential aspects of binomial distribution and their utilization in real-life contexts.
Learning Objectives
- Acquire knowledge on the essential aspects of binomial distribution and their utilization in real-life contexts.