Find the Standard Deviation of the Binomial Random Variable

question 23

Multiple Choice

Find the standard deviation of the binomial random variable.
-A company manufactures batteries in batches of 26 and there is a 3% rate of defects. Find the standard deviation for the random variable X, the number of defects per batch.

• A)0.883
• B)0.853
• C)0.87
• D)0.867

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Definitions:

Principal Duties

Principal Duties refer to the fundamental obligations or tasks that need to be fulfilled in a role or under a contract.

Waived

The act of voluntarily relinquishing or forgoing a right, claim, or privilege.

Varied

Marked by diversity or difference; not uniform or identical.

Real Estate Partnership

A type of business arrangement in which partners join together to buy, sell, manage, or invest in real estate properties.