Given a binomial distribution with n = 8 and p = 0.40, obtain the following: a. The

Question:

Given a binomial with n = 8 and p = 0.40, obtain the following:
a. The mean
b. The standard deviation
c. The probability that the number of successes is larger than the mean
d. The probability that the number of successes is within ± 2 standard deviations of the mean 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...