Create the probability distribution for a binomial random variable with n = 2, p = 0.4, using

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Create the probability distribution for a binomial random variable with n = 2, p = 0.4, using basic probability rules. Verify that the expected value is equal to np, using the general formula for the mean of a probability distribution.
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...
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