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The Variance of a Binomial Distribution Is Given by the Formula

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The variance of a binomial distribution is given by the formula The variance of a binomial distribution is given by the formula   , where n is the number of trials, and p is the probability of success in any trial. , where n is the number of trials, and p is the probability of success in any trial.


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The consumption of a resource faster than it can be replenished, leading to a decrease in the available amount over time.

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