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