The Variance of a Binomial Distribution Is Given by the Formula

question 15

True/False

The variance of a binomial distribution is given by the formula ,where n is the number of trials,and p is the probability of success in any trial.

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Classical Economist

An economist adhering to a school of thought originating in the late 18th and early 19th centuries, focusing on free markets, the role of self-interest, and the importance of limiting government intervention in the economy.

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Economic model of price determination in a market, stating that the price of a good or service varies directly with its demand and inversely with its supply.

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