Find the Mean of the Binomial Random Variable

question 148

Multiple Choice

Find the mean of the binomial random variable. Round to two decimal places when necessary.
-A company manufactures batteries in batches of 20 and there is a 3% rate of defects. Find the mean for the random variable X, the number of defects per batch.

• A)0.6
• B)0.58
• C)0.62
• D)19.4

Understand the role of the nurse in providing care and support to the elderly and their families.

Identify the primary sources of income for elderly Americans and understand their financial challenges.

Recognize the importance of safety measures for the elderly to prevent accidents and injuries.

Understand the health care needs and concerns of the elderly, including the importance of exercise and nutrition.

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Definitions:

Bank Account

An account managed by a bank where the monetary transactions between the bank and its customers are documented.

Annual Raises

Increases in salary or wage that are given to employees on a yearly basis, often based on performance or inflation adjustments.

First Deposit

The initial amount of money placed into a financial account or investment.

Inflation

The speed at which overall price levels for products and services increase, leading to a decrease in buying power.