Assume that you have a binomial experiment with p = 0.4 and a sample size of 50. The variance of this distribution is _____.
A) 20
B) 12
C) 3.46
D) Not enough information is given to answer this question.

Question

Quizplus · Accepted Answer

The variance of a binomial distribution is calculated using the formula, variance = npq, where n is the sample size, p is the probability of success, and q is the probability of failure (1-p). Therefore, the variance in this case would be var = (50)(0.4)(0.6) = 12.

Assume That You Have a Binomial Experiment with P =