[Solution Library] In chapter 3, we learned about means and standard deviations. In section 6.1, we learned that probability distributions also can have a
Question:
In chapter 3, we learned about means and standard deviations. In section 6.1, we learned that probability distributions also can have a mean and standard deviation.
Discuss what is meant by the expected value and standard deviation of a binomial distribution. How does this relate back to the material we learned in chapter 3
(
averages and variations) and section 6.1(introduction to random variables and probability distributions, continuous random variable, discrete random variable and probability distribution)?
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