1. A variable x has a binomial distribution with probability of success 0.7 for each trial. For...

Question:

1. A variable x has a binomial with probability of success 0.7 for each trial. For a total of 60 trials, what are
(a) The mean and
(b) The standard deviation of the A variable x has a binomial with probability of success equal to 0.8 for each trial with a total of 40 trials. What are
(a) The mean and
(b) The standard deviation of the 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...