In an analysis of test results from the YSORT gender selection method, 152 babies are born and

Question:

In an analysis of test results from the YSORT gender selection method, 152 babies are born and it is assumed that boys and girls are equally likely, so n = 152 and p = 0.5.

Assume that a procedure yields a binomial distribution with n trials and the probability of success for one trial is p. Use the given values of n and p to find the mean μ and standard deviation σ. Also, use the range rule of thumb to find the minimum usual value μ - 2σ and the maximum usual value μ + 2σ.

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...