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    Statistics
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    Statistics for Management and Economics
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    Exam 7: Random Variables and Discrete Probability Distributions
  5. Question
    Let X Be a Binomial Random Variable with N =
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Let X Be a Binomial Random Variable with N =

Question 255

Question 255

Essay

Let X be a binomial random variable with n = 25 and p = 0.01.
a.Use the binomial table to find P(X = 0),P(X = 1),and P(X = 2).
b.Find the variance and standard deviation of X.

Correct Answer:

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a. P(X = 0)= 0.7778,P(X = 1)= ...

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