Multiple Choice
Compute the Mean and Standard Deviation of a Binomial Random Variable
-According to insurance records, a car with a certain protection system will be recovered 94% of the time. If 300 stolen cars are randomly selected, what is the mean and standard deviation of the number of cars recovered after being stolen
A) mean: 282; standard deviation: 4.11339276
B) mean: 282; standard deviation: 16.92
C) mean: -618: standard deviation: 4.11339276
D) mean: -618: standard deviation: 16.92
Correct Answer:
Verified
Correct Answer:
Verified
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