Assume a binomial distribution where n 5 5 and p 5 .30. a. Refer to Appendix B.1

Question:

Assume a binomial where n 5 5 and p 5 .30.
a. Refer to Appendix B.1 and list the probabilities for values of x from 0 to 5.
b. Determine the mean and standard deviation of the from the general definitions given in formulas (6–1) and (6–2).

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...