Compute the Mean and Standard Deviation of a Binomial Random

question 105

Multiple Choice

Compute the Mean and Standard Deviation of a Binomial Random Variable
-According to insurance records, a car with a certain protection system will be recovered 94% of the time. If 300 stolen cars are randomly selected, what is the mean and standard deviation of the number of cars recovered after being stolen

• A) mean: 282; standard deviation: 4.11339276
• B) mean: 282; standard deviation: 16.92
• C) mean: -618: standard deviation: 4.11339276
• D) mean: -618: standard deviation: 16.92

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Definitions:

Tape-Wound Core

A core made by winding a continuous length of magnetic metal into a spiral.

Metal Sheets

Flat pieces of metal of uniform thickness, produced by rolling or hammering, used in a wide range of manufacturing and construction processes.

Continuous Tape

A long, uninterrupted strip of material, often used for recording or measuring.

Spiral

A curve that emanates from a point, moving farther away as it revolves around the point.