The Following Is a Binomial Probability Distribution with N =

question 7

Multiple Choice

The following is a binomial probability distribution with n = 3 and π = 0.20. The variance of the distribution is _________.

• A)1.5
• B)3.0
• C)0.69
• D)0.48

---

Definitions:

Deposit Slip

A written form that lists cash and checks being deposited in a bank account and cash received from the amount being deposited.

Currency

A system of money in general use in a particular country, representing the medium of exchange for goods and services.

Check Register

A place for recording important information about each transaction.

Cash Balance

The amount of cash on hand or in a bank account that is immediately available for use.