Examlex

Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 238

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider a random sample of size n =1800 from a binomial probability distribution with P = 0.40,and X = number of successes.
-Find the mean and standard deviation of the number of successes.


Definitions:

Parameter

A numerical characteristic that describes a statistical population, such as a mean or standard deviation.

Statistic

A single measure, calculated from a sample, used to estimate the value of a population parameter.

Population

The entire group of individuals or instances about whom the study is concerned or from which a statistical sample is drawn for analysis.

Sample

A subset of a population used in statistical analysis to estimate characteristics or outcomes of the entire population.

Related Questions