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Find the Mean of the Binomial Random Variable

Question 76

Multiple Choice

Find the mean of the binomial random variable. Round to two decimal places when necessary.
-The probability is 0.3 that a person shopping at a certain store will spend less than $20. For groups of size 16, find the mean number who spend less than $20.


A) 14
B) 11.2
C) 6
D) 4.8

Correct Answer:

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