Business MathematicsNEB 2081
Which one of the following is the value of 'n' in a binomial distribution for which the mean is 4 and variance is 3. a) 4 b) 12 c) 16 d) 20 GROUP: B Short answer questions 8 × 5 = 40
1Answer
For a binomial distribution, the mean and variance are given by: Given:
Step 1: Express in terms of using the mean:
Step 2: Substitute into the variance formula:
Step 3: Solve for :
Answer: c) 16
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