Use the Following Binomial Distribution for the Next Questions

question 5

Short Answer

Use the following binomial distribution for the next questions. A scientist
knows that piñon jays that breed in captivity and are released have the ability to find 70% of caches, or hidden sources of food, in the wild. Assume the scientist releases 15 piñon jays.
-Find the mean from the binomial distribution for the cache finding ability of these piñon jays.

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Definitions:

Machine-Hours

A measure of production volume or activity based on the number of hours machines are operating.

Unused Capacity

Unused capacity represents the available but unutilized production or service capability of a company, which if used, could potentially increase output without increasing fixed costs.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.

Machine-Hours

An indicator of how much is produced or the level of activity in manufacturing, determined by the total hours that machinery is in use during the production process.