Question: Given the binomial probability function a. Calculate the mean and standard deviation of the random variable by using formulas (5.1), (5.3a), and (5.4). b. Calculate

Given the binomial probability function

P(x) 5 )()(1)(2) 5-x for x 0, 1, 2, 3, 4, 5

a. Calculate the mean and standard deviation of the random variable by using formulas (5.1), (5.3a), and (5.4).

b. Calculate the mean and standard deviation using formulas (5.7) and (5.8).

c. Compare the results of parts a and b.

P(x) 5 )()(1)(2) 5-x for x 0, 1, 2, 3, 4, 5

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