The Mean of a Binomial Distribution Is the Product of the Number

question 55

True/False

The mean of a binomial distribution is the product of the number of trials (n)times the probability of the outcome of interest on an individual trial (p).

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Definitions:

Essential Terms

Critical conditions or stipulations in a contract that are necessary for it to be enforceable and determine its nature and scope.

Contract

An agreement between two or more parties that is enforceable by law and legally binding.

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The topic or substance of a discussion, document, or work, especially in legal contracts or litigation.

Sold

The completed process of transferring ownership of a good or property in exchange for money or value.