Find the Standard Deviation $\sigma$ , for the Binomial Distribution with N=38 and with

question 5

Multiple Choice

Find the standard deviation, $\sigma$ , for the binomial distribution with n=38 and p=0.4 .

• A) \(\sigma = 7.14\)
• B) \(\sigma = 6.29\)
• C) \(\sigma = 3.02\)
• D) \(\sigma = 0.61\)

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing money or the return on savings and investments.

Money Market

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Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers at various price levels, typically downward sloping.

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A short-lived economic contraction, featuring a reduction in both trade and industrial activities, conventionally confirmed by observing a GDP decrease in two back-to-back quarters.