binomial mathematical properties1 the expected or
Binomial Mathematical Properties
1. The expected or mean value = n × p = np
Whereas; n = Sample Size
p = Probability of success
2. The variance = npq
Whereas; q = probability of failure = 1 - p
3. The standard deviation = √(npq)
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binomial mathematical properties1 the expected or mean value n times p npwhereas n sample sizep probability of success2 the variance npqwhereas
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