1 If each number in a set of numbers is doubled, will the standard deviation be doubled 2 Explain the type of probability situations for which the binomial distribution applies 3 Give an example of a sequence of repeated trials that does not produce a binomial distribution ...

1 Yes in general if we multiply each number in a set by some constant then the standard deviation ...

1. If each number in a set of numbers is doubled, will the standard deviation be doubled?...

Question:

1. If each number in a set of numbers is doubled, will the standard deviation be doubled?
2. Explain the type of probability situations for which the binomial applies.
3. Give an example of a sequence of repeated trials that does not produce a binomial Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...