If N = 10 And $\pi = 0.70$ , Then the Standard Deviation of the Binomial Distribution Is

question 95

Multiple Choice

If n = 10 and $\pi = 0.70$ , then the standard deviation of the binomial distribution is

• A)0.07
• B)1.45
• C)7.00
• D)14.29

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Definitions:

Production Possibilities Schedule

A table that shows the different combinations of various goods that a country can produce with given resources and technology.

Steel

An alloy of iron and carbon, and sometimes other elements, widely used in construction and manufacturing due to its high tensile strength and durability.

Rationality

The quality of being based on or in accordance with reason or logic, often involving the making of decisions using cost-benefit analysis.

Self-Interest

The pursuit of personal advantage and well-being, often considered the motivating factor behind economic activities.