Use the recursion formula of Exercise 5 8 to show that for Icirc cedil 12 the binomial distribution has (a) A maximum at x n 2 when n is even (b) Maxima at x n 1 2 and x n 1 2 when n is odd In exercise bx1n...

b Odd maximum at n 1 2 12 n 12 x x ...

Use the recursion formula of Exercise 5.8 to show that for Î¸ = 12 the binomial distribution

Question:

Use the recursion formula of Exercise 5.8 to show that for Î¸ = 12 the binomial has
(a) A maximum at x = n/2 when n is even;
(b) Maxima at x = n €“ 1 / 2 and x = n + 1 / 2 when n is odd.
In exercise

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...