Calculate the mean and standard deviation of the binomial distribution using the formulas in mean np sd np(1 p) (a) Exercise 5 65 if n is changed to 20 (b) Exercise 5 70 when n 20 (c) Exercise 5 71 when n 40 ...

Mean np sd npq a Mean 20 075 1 ...

Calculate the mean and standard deviation of the binomial distribution using the formulas in mean = np

Question:

Calculate the mean and standard deviation of the binomial using the formulas in mean = np sd = √/np(1 - p)
(a) Exercise 5.65 if n is changed to 20.
(b) Exercise 5.70 when n = 20.
(c) Exercise 5.71 when n = 40.
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...