Questions: For this binomial distribution, what is the Expected Value for the number of successes when sample size is 82 with a probability of 0.39 ?
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Transcript text: For this binomial distribution, what is the Expected Value for the number of successes when sample size is 82 with a probability of 0.39 ?
Add your answer
integer, decimat, or Enotation allowed
Solution
Solution Steps
Step 1: Calculate the Mean
For a binomial distribution, the expected value (mean) is calculated using the formula:
\[
\mu = n \cdot p
\]
where:
\( n = 82 \) (the number of trials),
\( p = 0.39 \) (the probability of success).
Substituting the values:
\[
\mu = 82 \cdot 0.39 = 31.98
\]
Step 2: Calculate the Variance
The variance of a binomial distribution is given by the formula:
\[
\sigma^2 = n \cdot p \cdot q
\]
where \( q = 1 - p \). Thus, we have:
\[
q = 1 - 0.39 = 0.61
\]
Now substituting the values into the variance formula: