Find the variance for the values of n and p when the conditions for the binomial distribution are met.
N = 500, p = 0.75
A) 93.75
B) 375
C) 9.7
D) 125

Name: Find the variance for the values of n and p when the conditions for the binomial distribution are met. N = 500, p = 0.75 A) 93.75 B) 375 C) 9.7 D) 125
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Question

Quizplus · Accepted Answer

The variance of a binomial distribution is calculated using the formula np(1-p). Here, n = 500 and p = 0.75, so the variance is 500 * 0.75 * (1 - 0.75) = 93.75.

Find the Variance for the Values of N and P