What Is the Expected Value, E(X), of a Binomial Probability

question 143

Multiple Choice

What is the expected value, E(X) , of a binomial probability distribution with n trials and a probability p of success?

• A) n/p
• B) np(1 - p)
• C) np
• D) np - 1

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Definitions:

Goods-Producing Locations

Sites where physical products are manufactured or assembled from raw materials or components.

Service Facility Location

The process of choosing the most appropriate location for a service establishment to optimize accessibility to customers and operational efficiency.

Industrial Location

The geographical placement of production facilities based on factors like cost, resources, logistics, and market access.

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A multinational chain of coffeehouses and roastery reserves known for its specialty coffee drinks and community-focused atmosphere.