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

1

Answer

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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