Find the Standard Deviation of the Binomial Random Variable

question 12

Multiple Choice

Find the standard deviation of the binomial random variable.
-The probability that a radish seed will germinate is 0.7. A gardener plants seeds in batches of 11. Find the standard deviation for the random variable X, the number of seeds germinating in each
Batch.

• A)1.52
• B)1.502
• C)1.432
• D)1.449

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) or income and expense is represented as a proportion of the total account.

Percentage Analysis

A financial analysis technique that involves expressing each item in a financial statement as a percentage of a base amount to assess the financial health and performance of a company.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, usually presented in a structured manner for a specific period.

Return On Total Assets

A profitability ratio that measures the profitability of total assets without considering how the assets are financed, computed as income plus interest expense divided by average total assets.