Compute the Mean and Standard Deviation of a Binomial Random

question 19

Short Answer

Compute the Mean and Standard Deviation of a Binomial Random Variable
-Assume that male and female births are equally likely and that the birth of any child does not affect the probability of the gender of any other children. Suppose that 400 couples each have a baby; find the mean and standard deviation for the number of boys in the 400 babies.

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Deposits in transit are amounts that have been received and recorded by a company, but have not yet been processed or acknowledged by the bank.

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