If X Is a Binomial Random Variable with N=10 and P=0.8

question 54

Multiple Choice

If x is a binomial random variable with n=10 and p=0.8, the standard deviation of x is _________.

• A)8.0
• B)1.26
• C)1.60
• D)64.0
• E)10

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Definitions:

Incremental Marketing Effort

Additional marketing activities that are undertaken to build upon the initial marketing strategy.

Marketing Effort

All the actions and tactics a business uses to market and sell its goods or services to its desired audience.

Sales Revenue

The total income generated from the sale of goods or services by a company before any costs or expenses are deducted.

Marketing Program

A marketing program encompasses the strategies, tactics, and activities designed to promote and sell products or services to target customers.