(a) For the binomial distribution with n = 3 and p = .6, list the probability distribution...

Question:

(a) For the binomial with n = 3 and p = .6, list the probability (x, f(x)) in a table.
(b) From this table, calculate the mean and standard deviation by using the methods of Section 3.
(c) Check your results with the formulas mean = np, sd = √npq. 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...