Question: . If Y is a variate and c is a positive constant, then the standard deviation of the distribution of cY equals co (Y). Suppose

. If Y is a variate and c is a positive constant, then the standard deviation of the distribution of cY equals co (Y). Suppose Y is a binomial variate, and let p = Y/N. Show that (p)=(1-T)/N. Explain why it is easier to get a close estimate of when it is near 0 or 1 than when it is near.

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